would make for an interesting hedge strategy :)
One of the big differences between investing/trading and gambling is we can change our mind. If a position goes against you you can exit or protect, try stopping a horse race half way through.
Think I'd still take the short myself though, better management options.
Btw LYC is approaching some important levels.
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LYC
lynas rare earths limited
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$10.10

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Last
$10.10 |
Change
-0.035(0.35%) |
Mkt cap ! $9.429B |
Open | High | Low | Value | Volume |
$10.13 | $10.14 | $9.93 | $23.14M | 2.303M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
40 | 12391 | $10.09 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.10 | 4004 | 22 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
31 | 17907 | 10.080 |
44 | 26160 | 10.070 |
39 | 16876 | 10.060 |
26 | 13320 | 10.050 |
15 | 17284 | 10.040 |
Price($) | Vol. | No. |
---|---|---|
10.090 | 14281 | 21 |
10.100 | 27804 | 26 |
10.110 | 13997 | 13 |
10.120 | 27310 | 13 |
10.130 | 24102 | 13 |
Last trade - 14.40pm 22/07/2025 (20 minute delay) ? |
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LYC (ASX) Chart |