And I think the point is that it was constituted in response to the sharp rises -- a sharp rise in the price of gasoline a year ago, roughly.

WHITEHOUSE: Press Briefing

In this scenario the trader is happy to pocket the rich premium available on the options given the length of time to expiration and increase in implied volatility on top of the sharp rise in the price of the underlying.

FORBES: Bullish Options Speculators Step Into Emulex, Amkor, American Eagle

This latter concern showed up in the sharp rise in the gold price, through last year.

FORBES: Why Couldn't I Get Inflation Story Right in 2012?

The firm had been criticised for a sharp rise in its original flotation price target shortly before its listing.

BBC: Lastminute clinches Microsoft deal

And he information was not very many people were selling: this we saw a sharp and swift rise in that stock price.

FORBES: Facebook's Stock Price Rises As The Lockin Expires? Hunh?

After the sharp price losses in gold, survey participants in the Kitco News weekly survey said they expect values to rise at least slightly next week.

FORBES: Gold Survey: Survey Participants See Higher Gold Prices Next Week