I still suspect that the market is being held in place to keep the PUT options selling and that it is likely that there will be a move higher before or on expiration this Friday to clean the clocks of the option buyers as the market is pinned, just where will it be pinned is the question in this scenario. We'll have to keep an eye on the volume and open interest to get a good idea. Last month we got the pin exactly, but that was on calls and a different environment. We'll be watching and updating any changes and try to get a target for Op-ex on Friday.
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