I assume these are puts you sold. Danger territory
Even 550 is dicy. I think that the underlying, that is IO, will go south a bit further.
At the moment SGX futures are 1% up.
By the end of trading they may turn red.
You may sell 575 call and your combined position is broader. Think about it for a few days. SP may recover a bit. Today FMG SP was defended again at 550 level, it would sink lower otherwise. I am happy to discuss it further in a few days time
Today I am tired, it was a busy day and financially good.
Iron ore price, page-626
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Last
$26.05 |
Change
0.380(1.48%) |
Mkt cap ! $80.20B | |||
| Open | High | Low | Value | Volume |
| $25.80 | $26.22 | $25.79 | $125.7M | 4.828M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10772 | $26.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $26.08 | 1300 | 1 |
View Market Depth
| Last trade - 16.10pm 30/04/2024 (20 minute delay) ? |
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Last
$26.09 |
Change
0.380 ( 1.79 %) |
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| Open | High | Low | Volume | ||
| $25.81 | $26.22 | $25.78 | 876694 | ||
| Last updated 15.59pm 30/04/2024 ? | |||||
| FMG (ASX) Chart |