Looking through some data and came across this. Looks like someone has a hard on for 2013 SLV $35 in the money calls. Look at the premium. That's fucking insane. Why not buy the 2012's? Someone knows something...I haven't looked at the T/S (time and sales) so not sure who and in which quantity they were bought in, but nonetheless, this is something to look at.
I hope you find an answer. It is indeed weird since SLV might not even be around by 2013. Or maybe we are just missing an important piece of information.
ReplyDeleteThe OI will be interesting to see tomorrow.
ReplyDeleteThanks for turning on the anon comments, SGS. You have some interesting posts here, including the current one.
ReplyDeleteThat's the day before inauguration day.
ReplyDeleteYeah thanks for allowing anon and name options. I don't have accounts with any of the companies that grant access.
ReplyDeleteAll I know is the third friday of the month and JPM needs a big naked sHort take down to get it back to 28. ME THINKS THEY'VE DONE THEIR BALLS!!
ReplyDeleteGraeme : the scottish australian thai man
Graeme,
ReplyDeleteDo you think JPM have the ammo to bring us to 28?
Lets hope JP has the ammo to bring it to 28. I have my Chase credit card locked and loaded to BTFD if it occurs today. Come on Blythe, you dirty old road whore, give us silver vigilantes one last fire sale!
ReplyDeleteSGS, I have a question: Why is the maple a five dollar coin, but the eagle only a one dollar coin. In fantasy bizzarro world, isn't the canadien dollar worth more than the American dollar?
ReplyDeleteTom: great question. Not sure about the history behind it, but I'm assuming its a mind fuck to slap $1 on silver to psychologically value it as 'shit' no idea though, not to worry about it, mint will be forced to make it $100 markings soon.
ReplyDeleteIt's a pity one can't buy options on the Sprott Physical Silver Trust, or the Silver Bullion Trust.
ReplyDeleteSILVER BULLION THE BEST BET
ReplyDeleteWe have to remember, we don't know how well the electronic trading systems and firms will act when the whole system implodes.
Jim Sinclair has warned his readers many times to get PHYSICAL STOCK CERTIFICATES. When we do get that BANK HOLIDAY and the STOCK MARKETS close when the BULL EXCREMENT HITS THE WIND TURBINE, a great deal of investors will not be able to buy or sell their stocks if the system is down.
That is why I play with few stocks, but have most of my assets in REAL BULLION...gold and silver.
You never know what a BLACK SWAN will do.
Who would even want 2013 options? And for nearly $6.00 each? WTF. Someone has a hard on for the $30 strike price as well, its not like they sprayed and preyed the options either. By then I expect the system to be broken, and those options worthless. Even if they are buying them with inside knowledge that the price will spike crazy high, nobody would really even want their 2013 contracts.
ReplyDeleteFYI, I've got my March contracts locked and loaded.
thank you...it seems that my request for the anonymous choice is back..thanks...quantity of post way up....keep up tremendous effort..thanks
ReplyDeletemike