PHO 0.00% 3.0¢ phosco ltd

oppies at discount, page-21

  1. 5,302 Posts.
    are the options worth it.

    of course they provide the greatest leverage and i only hold options.

    again the disparity in the heads is causing the imbalance in options.

    hence the current depth is .40 buy on CNL and .70 sell.

    .30c difference an no wonder option holders are cautious.

    i didn't see the trading on friday so i couldn't say what happened. but by the sounds of it someone wanted stock and didn't care about his price.

    I suspect some sellers will lower their price and whatever comes on the table will be gone. CBA buying illustrated this.

    Nevertheless if you buy your options at sub 30c you will make a cream in the long run.

    through some trading my average on options is .08c.

    wish I had more funds to buy.

    cheers.
 
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