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Re: None

Thursday, 08/16/2018 5:14:07 PM

Thursday, August 16, 2018 5:14:07 PM

Post# of 46663
OK people...I'm not an options guru...so help me out here...

HOW IN THE ACTUAL F&^% IS MAX PAIN ON GDX OPEX TOMORROW STILL WAY UP AT $21.50 WITH THE CLOSING PRICE ON THURSDAY BEING 18.1% BELOW THAT PRICE?!?!?!!

GDX just typically always closes within a tick or two of max pain on weeklies...so this is an anomaly. Of course, I guess that is a whole lotta call volume that's gonna expire worthless.

OR, does this imply a 12-18% move in GDX tomorrow to close the week back near flat and creating the most epic hammer doji on the weekly in history. (YES, I'm reduced to day-dreaming... big smile)