FMG 1.37% $26.68 fortescue ltd

Iron ore price, page-615

  1. 636 Posts.
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    Hi Stefan (your thoughts on the June 6.00 & 5.75 Puts)

    I'm hoping it's close bottom of this cycle, see what happens next week

    Hoping it will bounce back up off 5.50 resistance

    Tossing up to Roll down Jun 6.00 & 5.75 Puts to 5.50

    Or just close out position

    But in back of my mind there is still some further downside

    Could write some shorter term Calls to offset
 
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