Gday
I agree that WOW should run up in the next 2 weeks or so but how will you make money if the price holds at $12.50 or rises slowly? You have written $14 June puts when the current price is about $12.50. I could be wrong but unless WOW is higher than $14 then wont the options be exercised and you will have to pony up the money to buy WOW for $14. I also agree with jon that your strategy is very risky, maybe writing puts that are at the money would have been safer. Then again if you have enough faith in your system and strategy then go for it. Are you witten puts naked or covered?
Pele.
GdayI agree that WOW should run up in the next 2 weeks or so but...
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Last
$34.50 |
Change
0.120(0.35%) |
Mkt cap ! $42.14B | |||
| Open | High | Low | Value | Volume |
| $34.54 | $34.63 | $34.27 | $93.96M | 2.725M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5972 | $34.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $34.52 | 6063 | 3 |
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| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| WOW (ASX) Chart |