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Message: Call Option Activity on GLD and GDX Today

Call Option Activity on GLD and GDX Today

posted on Oct 16, 2008 08:45AM

I do not trade options, but something is going on today. Big volume on GLD Dec 100 calls and also on GDX Dec 22 calls.

Volume really high on GLD calls at all levels. Any option experts out there put a spin on this? I hope it is not a hedge for those shorting stocks, but when I see GDX calls up I am inclined to believe it is not that.

Look at www.optionmonster.com and got to lists at bottom right of page and they will appear.

SilverNut

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