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With options - I bought XJO 5800 Feb PutsI sold XJO 5800 Feb...

  1. Intuition
    1,464 Posts.
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    18/01/08
    08:08
    Post #: 3258400
    With options -

    I bought XJO 5800 Feb Puts

    I sold XJO 5800 Feb Calls

    As the market drops I will sell my puts for more (profit) and buy the calls back for less (profit). If I had picked it wrong, I would loose big. Risk/reward always applies.
    ASX Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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