BXB 0.07% $14.10 brambles limited

I have held Dec BXB $12.64 Call options for a while.Unless there...

  1. 657 Posts.
    I have held Dec BXB $12.64 Call options for a while.
    Unless there is a dramatic spurt in the sp soon I will loose on the deal - at one stage I had a good profit but decided to wait and the time decay is now hurting.

    The 100 Jan Calls and Puts could be a synthetic long - so it would cost very little to enter the position but you have huge downside risk. I have done them but usually made a loss so I am much more cautious now.

    You need very good skill or inside knowledge to make big profits from ETOs.

 
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