Target $18.72, page-10830

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mrriesq

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24/10/24

19:58

Post #: 76289294
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Originally posted by georisk: ↑

I rotated WHC to YAL on 11 Oct as I thought YAL quarterly would be good (YAL was 98c < WHC price for trades). Big tick.

Rotated back YAL to WHC (YAL was 8c > WHC price for trades) today thinking WHC has been oversold expecting a really bad quarterly. So net $1.06 profit per share (less trading costs).

Back to same position on shareholding but circa $1 cash in bank for each share traded. Only did it with 50% of shares - my trading parcel.

Fingers crossed that WHC quarterly is not as bad as expected. If WHC tanks then I will put in fresh money hoping for short term bounce back.

I know others use covered calls and other option strategies, but this approach is pretty simple for all to understand and achieve. Options trading usually requires completing a sophisticated investor form or otherwise demonstrating financial competence. Fortunately I have a PhD in geostatistics so can follow the maths and understand the risk, but not all can.

Good luck to all tomorrow regardless of your current position. There is likely to be a good trading opportunity whichever way the cookie crumbles..

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My favourite traders with PHDs were those blokes at Long-Term Capital Management.

WHC Price at posting: $6.42 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $5.53		Change -0.045(0.81%)		Mkt cap ! $4.605B

Open	High	Low	Value	Volume
$5.51	$5.55	$5.46	$13.07M	2.380M

Buyers (Bids)

No.	Vol.	Price($)
15	11057	$5.52

Sellers (Offers)

Price($)	Vol.	No.
$5.53	21876	27

View Market Depth

No.	Vol.	Price($)
25	27730	5.520
34	59783	5.510
22	42952	5.500
15	36958	5.490
14	42824	5.480

Price($)	Vol.	No.
5.530	20503	26
5.540	36811	18
5.550	64113	19
5.560	40622	9
5.570	39425	13

Last trade - 12.25pm 24/06/2025 (20 minute delay)

WHC (ASX) Chart

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