As the last week of the month continues, today brings option expiration day on Comex. Last week, we began picking out possible "sweet spots" for expiration. Isn't it remarkable that prices are nearing those levels today?
No, it's not remarkable...at least it shouldn't be for anyone who has spent any amount of time here as a member. Even as Comex silver was plunging last week and moving under $22.50, we mentioned $23.25 as the likely target for today's expiration price. And now, with just a few hours to go, we are closing in. Will price get there? Hard to say. It looked more...