PLS 1.06% $2.80 pilbara minerals limited

PLS chart, page-17962

  1. 2,233 Posts.
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    shorting is more of large capital outlay type event. If you buy put warrants then you can benefit on a declining price. You probably need to get some sort of compliance sign off to trade warrants? Same with options which are pretty much the same thing only more leverage/risk.I would avoid futures and CFDs… that is insane risk and really should not be available to retail trading.

    My $4.80 puts cost about 6c and are at Delta 1 right now so for every 1c down PLS goes, the option increases by 1c so currently worth 30-35c as they have time value as well. So that’s a 5-6x gain this month or thereabouts but I’ll probably use them to exercise and clear out shares at $4.80 so I can rebuy at $4.50 or so.
 
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Last
$2.80
Change
-0.030(1.06%)
Mkt cap ! $8.429B
Open High Low Value Volume
$2.81 $2.89 $2.79 $52.63M 18.65M

Buyers (Bids)

No. Vol. Price($)
23 263602 $2.80
 

Sellers (Offers)

Price($) Vol. No.
$2.82 8000 1
View Market Depth
Last trade - 16.10pm 06/08/2024 (20 minute delay) ?
PLS (ASX) Chart
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