re: crashy writes bhp calls ... thurlow Hmmm ... for those following this trade.
BHP last $12.46 today against Crashy's breakeven of $12.53 ... finger on the trigger here perhaps.
BHP $12.00 Calls now $0.65 or $0.12 (22.6% loss) in the red so Crashy is locked in here ... this is common when Writing pozzies and the Underlying goes against us.
If Crashy does not pull the trigger here and take the $0.12 loss (or more if BHP continues to firm...) then he is locked into a loss situation thru to Expiry ... not good for the nerves.
Writing Options is not without it's drama's nevertheless an interesting trade to follow.
Cheers ... tight stops.
This is only my view ... read the red stuff.
re: crashy writes bhp calls ... thurlow Hmmm ... for those...
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Last
$41.49 |
Change
-0.580(1.38%) |
Mkt cap ! $211.0B | |||
| Open | High | Low | Value | Volume |
| $41.57 | $41.84 | $41.31 | $261.6M | 6.298M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 322 | $46.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $37.35 | 37462 | 4 |
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| Last trade - 15.59pm 30/07/2024 (20 minute delay) ? |
| BHP (ASX) Chart |