Here we are again at Comex option expiration day and though it's not a big day in terms of open interest, you can still see the footprints of The Banks that are actively managing price.
If you were able to listen to yesterday's podcast, then the price action so far this morning shouldn't surprise you. It appeared yesterday that an effort was being made to pin prices near $1765 and $19. The action overnight and this morning certainly appears the same....
