Silver “Spoofed” Below $28-Strike W/Large Call Option Position

From sprottmoney.com

With less than one day left in what some long-time silver industry veterans are calling the most important COMEX options expiration and delivery period in silver history, the price appears to have been “spoofed” again. This time to right under the $28 level. Of course the significance of the $28 level is tied to the COMEX silver options board, where there's a large call option open interest on the 28-strike that expires this Tuesday, February 23rd. Traditionally, the banks are short the options, which means that if that's indeed the case again this time, they would have to start paying out on those calls if the ... (full story)