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clock Created with Sketch. 28/07/23
12:24
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Originally posted by dunnomuch:
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the market is down now about 0.8% and PLS is around 3.4% down, that is a high Beta stock doing its high beta thing which is that it moves more than the market either up or down. Because it is a high beta stock the volatility is high at 55% or so. With high volatility you get more bang per buck on an options trade.
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Great incite into what you do. I'm only little fry. Years ago I use to be at the computer nearly all day. Got burnt a bit and totally stepped away from it all for 8-9 years. I did a call warrant on newscorp probably 20 years ago. I pulled the pin and made a couple grand. If I hung on to the end 1/4M$. Story of my life. I'm "trying" to do a little trading now. CBA then FMG now PLS. I could have made a few G's the other week on a 2 day hold but got too greedy. Too greedy and impatient. Torn between trying to trade and picking up good divy. Good luck with your trading although you are doing pretty well by the sounds of it.
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