After nearly half million MTN was traded below $5.05 average at $4.91, then come back with 110k on the upside for average price of $5.20.
MTN did the old trick again. This time is a big saver.
P.S. It is funny people feel much better after lost $2, and get 40c back!!!
P.S.2 I am looking for buying opportunities all over. I admit MTN is not on my shopping list because I have overweight position already.
I start to use selling naked put option try to get some of my BHP, and CPU back, and ready to add more position on OXR if time is alright.
Anyone is good at this sort of thing? Today is my first try with ASX although I have done a lot on NYSE, and NASDAQ because ASX's option is not very liquid.
I offered some Dec $3.25 OXR put for sell at 15c, in about 10 min it was taken. The premium is a bit high than I thought. But anyway, what has done is done. I just want to make some money one way or the other.
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