RIO 3.11% $119.47 rio tinto limited

True, stocks will rise and fall. But IMHO the best system is to...

  1. 358 Posts.
    True, stocks will rise and fall. But IMHO the best system is to sell calls when the stock is on an uptrend rather than buying puts. The premiums on both BHP and RIO call options are quite attractive. Buying puts (with time decay) on a market that is pushing higher is not my preferred method although a minor pullback will occur given the overbought nature of these 2 stocks.

    I hold BHP and RIO.
 
watchlist Created with Sketch. Add RIO (ASX) to my watchlist
(20min delay)
Last
$119.47
Change
-3.840(3.11%)
Mkt cap ! $44.34B
Open High Low Value Volume
$119.61 $120.25 $118.68 $185.5M 1.555M

Buyers (Bids)

No. Vol. Price($)
1 1061 $119.18
 

Sellers (Offers)

Price($) Vol. No.
$119.48 12610 5
View Market Depth
Last trade - 16.10pm 11/11/2024 (20 minute delay) ?
RIO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.