Replies to post #2113 on Direxion Daily Gold Miners Be (DUST)

[risk on]

That conventional wisdom is a fact. When institutions are on the hook for contracts written, they have every incentive to make sure that strike price never occurs. So, they will either sell shares of the security , not in their possession, short, to attempt to keep the price down, or they will buy the pee pee out of a security to get SHAREZ to honor the contracts if it looks like they won't be able to keep it out of the money. Happens weekly