Bill’s Commentary:
“Drugged up athletes and drag queens, I think I will totally pass on this Olympics …”
Bill’s Commentary:
“Did he really say “after the GOVERNMENT tried to kill former President Trump?”
Bill’s Commentary:
“Our pal J. Johnson checks in with something quite interesting! Who in the world would pay money for October silver $200 calls? And for those who wrote these calls, could they end up being similar to the counterparties of “The Big Short”?”
To all; I saw something absolutely crazy today and have to tell you. Today is options expiration for August Options in Silver and Gold. I only watch Silver at present and have noticed someone had become a market maker in the $100/$125/$150/$200 Calls going out to March 2025 (maybe about a week ago). Today, about ½ hour before the S&P close I watch the Volume in the $200 Calls (September) go from 134 to now 861, and climbing, paying $5 each for them plus the commissions. Not sure what I am seeing here. Brokering for over 30 years and have never seen anything like before.
Hope it means something. Have a nice day, and as always ..
Stay Strong!
Jeremiah Johnson
An addendum from J. Johnson –
For the $200 Calls in September at 1,080. No other months have this kind of Volume that high at all. Truly an odd purchase.
BillHolter.com 
Thank you pamelamoves@gmail.com
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