Palladium Due for a Correction
"Da Boyz"--aka the option market makers, will probably try to close PAL at or near $5 so the most numerous call/put option at the $5 strike will expire worthless. I sold my call options Thursday, both on my palladium price correction thesis, and my expectation that PAL could settle near the closest strike at $5 based upon what the options market makers do month after month.