From Bloomberg.. In my opinion this is the single most important news story of the week. This is very significant and explains everything in terms of the price action that i observed was ‘strange’. These trades are leveraged short term trades that are typically netted off at the end of the day. They bombard the order books with orders at the strike to overwhelm cash buyers or sellers. These sorts of black box attacks do provide wonderful fundamental price opportunities for those that understand the fundamentals. I welcome their attacks on this basis. They are short term leverage ambushes. Their lunch are rules based pension funds as well as other leveraged players. Doubtless they will be targeted by policy makers soon enough.
Rich
(5 votes, average: 5.00 out of 5)
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