so maybe the biggest concentration of options on the HUI is around 195? Gold definitely has no chance of breaching 1230. Who knows with GDX.
They will inflict the max amount of pain wherever the heavy concentration of options sit.
The boyz may not be able to do this forever but they can clearly do it about 90% of the time and have been able to keep a pretty steady down move for the last 6 years.
99% of the time they can open them higher and sell them off all day.
The only other instrument which may be manipulated as much as pm’s is the VIX. Actually that is worse, it’s a one way ticket down pretty much regardless of what the SM does.
Where’s the Farmboy? Is he at the casino gambling all that money he made on JNUG the other day?