If you are shorting / does that not mean you have the responsibility to deliver the actual stock @ contract price.
so you are a “winner” if you are expecting the stock to fall as you are not expecting to fill the short order but take the premium for which you can reload.
conversely - you’ll would be a “loser” if gold (RRL) keeps going up…. As you dilute your profit having to cover the short position which goes against you?
Don’t have an opinion- but good luck to you….
I am not confident myself from thematics and research that gold will be going down… …
McPhillamys, page-100
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Last
$1.74 |
Change
0.000(0.00%) |
Mkt cap ! $1.310B | |||
| Open | High | Low | Value | Volume |
| $1.73 | $1.76 | $1.71 | $8.176M | 4.719M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2500 | $1.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.74 | 1418 | 1 |
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| Last trade - 16.10pm 22/08/2024 (20 minute delay) ? |
| RRL (ASX) Chart |