STO 2.10% $7.30 santos limited

threatning to break support, page-3

  1. 657 Posts.
    In theory buying a call option to cover a possible take over is a good idea.
    I just looked at the long dated options valuations and because the volatility is so high they are very expensive.
    eg STOGL7 Jun $17 Call valued at 85Cents.
    I have never had a good sucess rate with Call options a fair way out of the money - they usually expire worthless.
 
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