Hi rem,
Im also sus that a short has any legs. I agree its just a bit of profit taking. Something seems to be pushing resources higher. Maybe theres some inside knowledge.
Well I was wrong on my comment on the USA reporting season last fortnight. Volitility didnt increase at all. I lost on rio bought straddle 32.50. Would have made money if I sold the straddle.
Any idea which broker is good for selling options? I prefer one with low margins as I dont hold the stock.
Selling is the way when volatility is falling. Same straddle dwindled to as low as .71 a few days ago.
ripe for shorting?, page-44
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Last
$40.21 |
Change
-0.810(1.97%) |
Mkt cap ! $203.9B | |||
| Open | High | Low | Value | Volume |
| $40.57 | $40.59 | $40.06 | $321.6M | 7.985M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5550 | $40.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $40.22 | 5300 | 2 |
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| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| BHP (ASX) Chart |