TFMR Podcast – Wednesday, July 23

After at least five straight green daily candles, you had to figure that our winning streak was getting a little long in the tooth. And then, when you remember that monthly Comex option expiration is slated for Monday, you had to figure that the move lower would be sharp and surprising.

So now here we are…in a bit of no man’s land where price is close to where The Banks might want it but Monday’s expirations are still three days away. As such, let’s start today with a recap of the option open interest tables that we published with this morning’s post:…