One thing to consider with that Palma is...
Both prices tend to follow each other.
So heads at 4 and tails at 2.
But as heads go up .5 from 4 to 4.5 you make 12.5%
But as tails go up from 2 to 2.5 you make 25%
Options not for everybody, but given they’re already in the money little risk. Also by holding more options at the cheaper price then return down the track can be greater.
So value about right now- some people don’t understand options so don’t recognise bigger percentages/profits.
Top up or miss out, page-1259
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