bhp, rio and ncm put warrants, page-3

Hi,

What you say is correct Bingy.
Either the Put option or Put Warrant they both make you dollars. One slightly more than than the other at times.
As long as you watch the Mother Stock and get your entry points correct or close to there best price....you will make a profit as the Stock moves accordingly.

All good warrants on BHP, NCM or RIO today would have made a nice profit by entering yesterday.Note my 2 to 5 day rule in and out.It goes down for say 2 or 3 days and then you sell out of the puts and have a profit.
If it continues down a few xtra days, let it be,you made your profit...we can't get the exact days/time all the time correct...sometimes we buy at 39 cents sell at 50 cents , only to see it go a few days more to 60 cents.

Example TLS was $3.08 Tuesday and today is $3.28...the CALL warrant TLSWMH was 11cents and today is at 17 cents.A nice 6 cent profit...or 55% P.


Cheers,

MINOTAUR.