Didn't say overpriced just stretched. A slight different but an important one. For me stretched is that it's near the top of my IV. I had a range of $4.80 to $5.15. So not far from my top - "IV is getting stretched". It also depends on your IV. I've always been conservative with my margin of safety and return risk percentage. It could be worth $5.80+ but I factor in a large margin of safety to ensure I get shares at fairly good prices. It means I miss some good buying opportunity though. If I didn't use the approach that I use then I would probably have bought in the low $5 and now been 15% down. Instead I'm 15% up. I suppose it's what works for each individual.
Didn't say overpriced just stretched. A slight different but an...
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Last
$7.59 |
Change
-0.090(1.17%) |
Mkt cap ! $238.9M | |||
| Open | High | Low | Value | Volume |
| $7.57 | $7.81 | $7.50 | $77.05K | 10.04K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 900 | $7.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.77 | 36 | 1 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$7.74 |
Change
-0.090 ( 1.31 %) |
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| Open | High | Low | Volume | ||
| $7.54 | $7.80 | $7.54 | 11541 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| FID (ASX) Chart |