Iron ore price, page-11059

You have been buying puts for a while @demoniaco ... I'm not sure you are going to get there though; especially with the ones that expire in March ? I see us touching $6 again but not sure we will go much below that if it happens IMO.

https://hotcopper.com.au/posts/37368737/single
Bought $5.50 puts that expire in March when the price hit $6.28 (73.8% fib)

I look forward to buying more if the price keeps going parabolic.

Sure the FA is good, but price move is driven by Vale which won't last long.

https://hotcopper.com.au/posts/37383081/single
I'm right here. Bought 5.50 puts when price was 6.25.

60% gain overnight. I smell about 400% profit coming if Monday continues momentum.

TA 5.84 first target.
5.39 second target.

(or I'm totally wrong and it gaps up and hits $6.50 )