Hey Frank
In tbo's case as the seller of puts he does make money with an increasing share price as he retains the cash paid by the purchaser of the put who is the one looking for insurance. So in Tbo' s case he is hoping the share price increases. However tbo is also selling calls. When u sell a call u hope it doesn't go up unless yr happy to get exercised and if u have bought the share and therefore 'covered then u make even more
I think where tho is coming from is he is now hoping the share price will go down so he can rebuy back his shares at his exercise price of 5.50
Iron ore price, page-2623
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$20.10 |
Change
0.700(3.61%) |
Mkt cap ! $61.88B | |||
| Open | High | Low | Value | Volume |
| $20.26 | $20.49 | $19.94 | $337.2M | 16.71M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 38056 | $20.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.15 | 20000 | 1 |
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