GTE 0.00% 3.6¢ great western exploration limited.

Thanks oze wolverine, nice one, and the others who have voiced...

  1. 369 Posts.
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    Thanks oze wolverine, nice one, and the others who have voiced an opinion. I started this thread stating "crazy to the max in my opinion for buying options at 10.5c when the heads were at 31c" I will drop the "crazy to the max" as I (and hopefully many others)now have a greater appreciation of the range of reasons why traders buy options at a given price and when they intend to sell them, as the options will get to the point where you need to sell or exercise them or lose them.
    I tend to hold long with the intent to exercise the options, and sell some heads that I have had for more than a year to pay for them if I need or want to redeem the options. Hence I don't like paying too much for the options.
    "Nice one fellow posters"
    MERV
 
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