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Tuesday, April 16, 2013

Did SPDR Gold Trust ETF (GLD) Option Traders Predict the Gold Drop?

Overall, GLD saw roughly 415,000 puts exchanged, more than five times the norm. Most notably, put open interest at the April 140 strike swelled by a whopping 28,406 contracts over the weekend.

http://www.schaeffersresearch.com/marketcenters/optionscenter/content/did+spdr+gold+trust+etf+gld+option+traders+predict+the+gold+drop/default.aspx?ID=115647&c=obsfeed

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