That is correct.
Selling puts is the same strategy as writing covered calls (but is cleaner as a one step process). It is a mildy bullish strategy.
Iron ore price, page-2634
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Last
$17.24 |
Change
-0.100(0.58%) |
Mkt cap ! $53.11B | |||
| Open | High | Low | Value | Volume |
| $17.25 | $17.30 | $17.15 | $20.46M | 1.187M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 5684 | $17.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.24 | 1278 | 5 |
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| Last trade - 10.56am 19/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |