LYC 1.30% $6.25 lynas rare earths limited

My prediction: Market Correction next few weeks, page-12

  1. 7,525 Posts.
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    Yes they can be very good. I remind you again most people lose money on options. They make a little then keep going in deeper till they lose everything. Read up on it. Seek advice from a professional that trades them. The go slow and never add money just because of one or two successes. start with selling a few covered calls to see how time and price interact with one another. Take the Adaptiv Call look how the time component changes with time. How the cost premium changes with price. Remember with Puts and call you have the stock price changing Value but also time value decreasing with time. If a stock has a small hiccup you can wait it out. If the underlying stock on a put or call has a hiccup and there is less than 60 days left on option, the loss of time value could kill the price even if stock goes in the direction you want.



    Seldom has the debt limit cause a stock market problem even after a 2 or 3 week shutdown down side soon passes. 95 % of my attention is on Fed and market changes to what they do. 5% on covid. this is a transition period and even small actions by US fed may be amplified.
 
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Last
$6.25
Change
0.080(1.30%)
Mkt cap ! $5.841B
Open High Low Value Volume
$6.25 $6.26 $6.17 $15.83M 2.513M

Buyers (Bids)

No. Vol. Price($)
4 18985 $6.22
 

Sellers (Offers)

Price($) Vol. No.
$6.25 53073 5
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Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
LYC (ASX) Chart
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