I assume these are puts you sold. Danger territory
Even 550 is dicy. I think that the underlying, that is IO, will go south a bit further.
At the moment SGX futures are 1% up.
By the end of trading they may turn red.
You may sell 575 call and your combined position is broader. Think about it for a few days. SP may recover a bit. Today FMG SP was defended again at 550 level, it would sink lower otherwise. I am happy to discuss it further in a few days time
Today I am tired, it was a busy day and financially good.
Iron ore price, page-626
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Last
$26.94 |
Change
0.330(1.24%) |
Mkt cap ! $82.94B | |||
| Open | High | Low | Value | Volume |
| $26.76 | $27.22 | $26.61 | $179.0M | 6.725M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 28919 | $26.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $26.96 | 2634 | 1 |
View Market Depth
| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
$27.07 |
Change
0.330 ( 1.93 %) |
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| Open | High | Low | Volume | ||
| $26.73 | $27.21 | $26.62 | 985851 | ||
| Last updated 15.59pm 17/05/2024 ? | |||||
| FMG (ASX) Chart |