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View Full Version : Options Expiration Day - Place your Bets



SilverJim
23rd November 2009, 07:56
Just for grins, place your bets on what hour of the day today will the takedown happen? I say the 1:00 hour. I think it will be massive but will then bounce back somewhat by close due to the Bejing put. 8)

What say you?

DaBrownsRPhat
23rd November 2009, 08:01
11:30ish am EST

cowboycarl04
23rd November 2009, 08:25
About 15-20 minutes prior to the close over in London. Around this time, we'll see if today is a huge drop or a record gain. I think it's either or today....

Colonel Clink
23rd November 2009, 08:42
No predictions; Just an interested spectator here! Bwahahahahahaha! :D

ryshay
23rd November 2009, 08:56
Zero Hedge wonders if the thousands of $1200 gold options will be in-the-money before they expire today.
Recent price action suggests this is becoming less and less improbable, actually. Of course silver would benefit from this.

If gold does reach $1200 today, it will signal that the commerical shorts have completely lost control of the paper PM market. They usually tank PM on options-expiry days like today.

Go silver!

http://www.zerohedge.com/article/gold-set-hit-1200-within-24-hours

maic
23rd November 2009, 11:51
I'd say it will happen.... right now!

What the close? At 1:30?

maic
23rd November 2009, 11:52
I'd say it will happen.... right now!

What the close? At 1:30?

I ment what TIME they close?

of one mine
23rd November 2009, 12:00
I will take a look just to see what happens, not when.

of one mine:cool:

MasterQ
23rd November 2009, 12:39
I'd say it will happen.... right now!

What the close? At 1:30?

Yes 1:30 EST

Relayer
23rd November 2009, 18:23
9:55 AM

Starting at the above time and continuing right up to now.

Everything that was gained in Asia overnight has been lost.

JesterJay
23rd November 2009, 18:29
Glad I am NOT in Asia!
JesterJay



9:55 AM

Starting at the above time and continuing right up to now.

Everything that was gained in Asia overnight has been lost.