SBR 0.00% 1.4¢ sabre resources limited

Buy options then convert and make 20%, page-63

  1. 5,493 Posts.
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    Tilkei, that's correct I had not taken profits when I posted I had not, I sold about 20 minutes later the heads.

    I kept options. Confidence is not selling those as bought at 0.1, when they were 0.7 and now 0.4.

    I also bought yesterday at auction, that's white knuckle considering I didn't know if up or down more options at 0.5, I bid 0.7, I was at the que top yesterday pre open.

    So I have not sold, just altered my portfolio to options. I am actually carrying more risk now on the downside by have no heads.
 
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