Ann: Media Release FY18 Results, page-106

I sold alot of calls on STO as well as selling Puts on FMG. last time I rode FMG down from $4 to $1.70 and back to $4 out on a Call. Then it goes to $7 without me on it.

I managed to only get taken on my $6.09 STO call,

I didnt get Put on my last $4.30 FMG put luckily, but Ive done plenty of coverered calls and Naked puts.

My strategy has changed now to trading rather than trying to yield so much from options as the exposue to loss far outweighs the gains on offer. So I will be looking to buy in more FMG when the Charts look good for it.

I Charted TTT very well and that gained me enough to realise Im trading better as a trader rather than an option writer.

Thats why I look now for low market cap, high potential bagger stocks like CPV is right now But in saying that FMG can be and will be probably the best tradable stock on the ASX again once its chart patterns look bullish again.

When I start loading up more on FMG I will post alot more on FMG and show charts. But FMG is not quite ready yet for a bull run on the chart.