Just sold my put options for 73 which I bought for an average of 82 at the two top peaks today. They just disregarded the major fall this morning and by the time the low of the day was formed the puts were even further in the money but showing a loss and remained lossy all day. Those who loaded up big will really be hurt financially and it just should not happen in an open market. You should be able to trust that calls will rise in price if the underlying rises and puts will rise in price if the underlying falls in price and especially where the trader has paid a premium for options that are in the money at time of purchase.
Week 06/09, page-213
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Last
7,814.4 |
Change
-66.900(0.85%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,881.3 | 7,885.1 | 7,810.3 |
| XJO (ASX) Chart |