Hi charliemadge I hold a lot of objo,s because you can buy them for less than there true value.
If you plan to trade in and out on a regular basis the heads are the way to go because with the options it is hard to sell them when the sp has had a good rise unless you are willing to sell them for 3 or more points less than there true value.
If you plan to hold more than trade then the options are the best way to go because all you have to do is exercise them and you will make much more money.
I exercised 1850000 options on monday so that next time the sp has a good run I will be in a better position to capitalise on the rise if I want to sell.
I have been selling heads to buy options for less than there true value so that I can exercise them and make more money and plan to keep doing this while the oportunity is there.
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