Just after opinion on a Bramble trade today. The SP is around $12.85. Someone bought 100 contracts BXB26 which is the jan 07 call $14.10 - worth about $11k
Now why would someone do that with only one month left before expiry & the share price so far out of the money. Obvious its not someone hoping for a quick profit because even a 30c rise in the next few days would hardly move the price of that option. Looks to me like someone who thinks something big will happen shortly???
what do others think???
Just after opinion on a Bramble trade today. The SP is around...
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 (20min delay)
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Last
$17.84 |
Change
0.220(1.25%) |
Mkt cap ! $24.84B | |||
| Open | High | Low | Value | Volume |
| $17.62 | $17.84 | $17.47 | $45.40M | 2.557M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12000 | $17.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.84 | 8871 | 2 |
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| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| BXB (ASX) Chart |