Monday, April 25, 2011
Gold and silver drop and are being pinned around $1500 and $45
In overnight Asian trading, both gold and silver correct and are being pinned around $1500 and $45. This is typical before options expiration (tomorrow, April 26, 2011) as options sellers of both puts and calls want to make sure the options they write expire worthless.
Labels:
options expiration,
pinned,
silver
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