BAS 1.30% 7.8¢ bass oil limited

General discussion thread, page-4123

  1. 7,919 Posts.
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    Over the decades I have bought the options in many cases to give me leverage in the early stages of sp appreciation.

    When I entered BASO you could get 3X as many options as heads for the same money giving me 3X the upside in monetary terms.

    I have never converted though, not once, I have always sold in the market in the months before expiry. Or, if the SP is not behaving taken the loss.

    EB
 
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