Does anyone have any insight into the option activity on GLD? I have tried to follow it on the OptionMonster website but there hasn't been specific information lately. For example, there is very high interest (62000 contracts) in the Jan 2014 200 calls. Just yesterday, there were over 5000 contracts traded. Other months have high call activity at 180 and 200. Are these covered calls? Speculation that gold will go over 2000 before then? (which most here on this board would agree with) Sometimes tracking this activity can help determine where the big money is going-would like any additional insight.
I could ask the same question about SAND-are the 3700 Mar 2013 strike 15 contracts covered calls? long calls? etc.