FMG 0.02% $24.13 fortescue ltd

Granted actual trading activity in Australia is far lower,...

  1. 10,144 Posts.
    lightbulb Created with Sketch. 1367
    Granted actual trading activity in Australia is far lower, almost non-existent in some option chains, but that doesn't mean you can't trade.

    Take for example FMGQK7 - a $21.50 February put option.

    It hasn't traded since the 25 October 2022 and when it did, it was for a measly 6 contracts, however market makers are there quoting all the same:
    https://hotcopper.com.au/data/attachments/4943/4943584-d5c9df00df7bb7ffb9a43d98a82b93a8.jpg

    If they are showing 600 contracts on the bid/ask, I could probably trade up to 5,000 contracts before it may become problematic.

    So no volume in this contract.... but it is exceptionally liquid to trade.



    Last edited by convexity: 04/01/23
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
Last
$24.13
Change
0.005(0.02%)
Mkt cap ! $74.57B
Open High Low Value Volume
$24.33 $24.40 $24.10 $76.54M 3.127M

Buyers (Bids)

No. Vol. Price($)
27 5150 $24.12
 

Sellers (Offers)

Price($) Vol. No.
$24.13 10909 21
View Market Depth
Last trade - 15.34pm 06/06/2024 (20 minute delay) ?
Last
$24.09
  Change
0.005 ( 0.39 %)
Open High Low Volume
$24.32 $24.40 $24.07 1757829
Last updated 15.55pm 06/06/2024 ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.