To quote the Barron's blog: "The single biggest options trade today was a nearly $1 million bet by a trader that the iShares Silver ETF (SLV) would fall 37% by July, according to Bloomberg."
Here is the link: blogs.barrons.com/focusonfunds/2011/04/1.../
And to promote my new fundamental analysis blog: http://trustamind.blogspot.com/
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