Sorry JD I have to reply to that.
So what you're saying tomorrow is that if the oppies fell to 6, that will impact the heads and they'll go to 36 or somewhere near??
What a load of codswallop!!
The oppies aren't driving the head price..they're reacting to it. heads go up oppies go up...heads go down oppies go down....the advantages and pitfalls of leverage!
I'm sorry but that sounds more like scaremongering to me.
Here's another scenario,
The oppies fall to 6 and the heads stay above 40 and someone says,
"They're way under priced and a bargain given what can happen in 6 weeks.....buy!!"
The oppies go up and track the heads accordingly up or down.
Not everyone needs to sell one to convert the other.....some ppl just want to own as much as they can!!
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