Thanks for chart/comments.
Looks like SIH11 did manage go get below the "max damage range" earlier today [27.5 to 28 for the expiring Feb.11 options] but seemed to be trying to sneak back up, at least for a bit.
Looking now, I don't see anything that would change the "max damage range" so, we'll see what happens !!!
The March11 Option behavior was interesting:
They changed as follows:
18 Put 110 to 190
20 Put 105 to 375,300,290,275,285
more activity than I would have expected.
If I have time to extract a new table, and show changes in OI since last I will.
Things seem to be getting interesting !! With Dx basically down and a drop in Major Grains today along with Gold and Silver something is brewing.
FOMC statement at 2.15 tomorrow, we'll see what happens.
My suspicion is growing that we will see a pop up in Dx and all of these markets have started getting out of the way and off the "RR Tracks" !!
SIH11 back up to 27 and I bet we will see it above 27.5 before the Feb 11 options expire. [I honestly do not know whether the currently shown 1 day to expiration means market/pit close tomorrow, or the following day ??]