re: red everwhere tonight- 4 dlux
well it is not easy getting timing perfect on puts/calls but I have watched the action since monday & have noticed strong supportm mainly for the banks, & WMR BHP RIO NCP all sold off (RIO ex div)but when one is watching on 1 screen, checking prices, charts, news, hotcop it is almost impossible to do justice for a trade, but we try.
I concluded that with 3 down days on the DOW & 3 downs for the ASX with great rebounds that the rebounds must weaken eventually. Also many other negative signs & besides I just love new all time highs.Hence the play in WBCWZP with a stop loss &/or a possible adding to position.
Patience is required even though I did not show much in the WBC put as the chart has it in 'blue sky' territory.
That is the 1st put I have bought for 6 months as I have been otherwise engaged in the metal stocks, which are mostly marking time. At least the ones I have.
I usually add the warrants with a big t/o to my list but in my recent watchings there was not much action in the warrants I checked out.
