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.
PLS chart, page-17962
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 (20min delay)
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Last
$3.26 |
Change
0.120(3.82%) |
Mkt cap ! $9.781B | |||
| Open | High | Low | Value | Volume |
| $3.17 | $3.27 | $3.14 | $122.6M | 38.05M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 56 | 559009 | $3.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.26 | 159618 | 67 |
View Market Depth
| Last trade - 15.54pm 18/06/2024 (20 minute delay) ? |
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Last
$3.26 |
Change
0.120 ( 3.95 %) |
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| Open | High | Low | Volume | ||
| $3.18 | $3.27 | $3.14 | 14225677 | ||
| Last updated 15.59pm 18/06/2024 ? | |||||
| PLS (ASX) Chart |