Morning Traders Wednesday 10 the August, page-100

  1. 6,496 Posts.
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    While oppies give better leverage it is good to remember that it is a 2 edged sword. Especially when the options are trading at a premium to the heads. A good example at present is BYRO

    Expiry Jul 2017
    Ex price 5c

    Current trading
    BYR 6.3c
    BYRO 1.7c
    BYRO premium = 0.4c, and is down 15% today

    AVL / AVLO may turn out similar, heads are better value at the moment IMO
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