BTW, options volume on ASX for Westpac is like sh*t! I just could not believe that there have been only around 40 - 60 contracts on each put strike 23, 24, 25 and 26. In the US markets, I would see many thousands per strike per day near the money. I see between 400-450 on the calls strikes 24, 25, 26 as it looks like a few people throw in $5 - $10 for a contract to speculate that the share price will be above 25 by mid-Dec. It feels like we are trading with the options maker, not with real traders. Real investors and traders who protect their holding would buy hundreds of contracts on a huge drop like this (or sell puts in the case they think like I do).
It looks like options is not a popular game here. But it can be incredibly useful in some cases.
WBC share price seems to find support at 23 is edging up a little (as many other stocks are now falling).
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Last
$27.79 |
Change
-0.030(0.11%) |
Mkt cap ! $96.18B |
Open | High | Low | Value | Volume |
$27.66 | $27.86 | $27.51 | $55.72M | 2.013M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 1214 | $27.78 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$27.79 | 3082 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
22 | 3418 | 27.790 |
13 | 4503 | 27.780 |
17 | 4734 | 27.770 |
13 | 5461 | 27.760 |
13 | 5712 | 27.750 |
Price($) | Vol. | No. |
---|---|---|
27.800 | 3602 | 10 |
27.810 | 7065 | 15 |
27.820 | 3877 | 13 |
27.830 | 5253 | 13 |
27.840 | 4269 | 7 |
Last trade - 14.02pm 07/08/2024 (20 minute delay) ? |
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WBC (ASX) Chart |