too right AC. BTCO offers way too much downside risk. the only upside i can see is if CCE say doubles in the next two weeks and you wouldnt bet the house on that happening with the ferocious HHL selldown.
there are better risk/reward oppies out there than BTCO at the moment. take SLTOA for example, with a 20c strike and May 2008 expiry, these were being offered at 64-65c whilst the underlying was 89c. go figure?
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
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1 | 450000 | 0.028 |
1 | 300000 | 0.023 |
2 | 55000 | 0.020 |
1 | 365000 | 0.018 |
Price($) | Vol. | No. |
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0.039 | 950 | 1 |
0.040 | 53163 | 1 |
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