As a follow on to my point yesterday about trading around the oppi expiry I would also expect a scramble over the next couple of weeks as the punters who sold out options become desperate that they arn't going to get back in at around 10 cents. Bid will build around the 10.5 and then it will pop. All the traders out of the oppies will have found it was cheaper and worth the effort to pay the oppies up and then ride the ords raather than trying to be cute around selling oppies and buying ords.
As a follow on to my point yesterday about trading around the...
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