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
$4.07 |
Change
-0.080(1.93%) |
Mkt cap ! $12.26B | |||
| Open | High | Low | Value | Volume |
| $4.14 | $4.15 | $4.07 | $50.45M | 12.32M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 64 | 249654 | $4.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.08 | 195102 | 94 |
View Market Depth
| Last trade - 15.04pm 22/05/2024 (20 minute delay) ? |
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Last
$4.07 |
Change
-0.080 ( 2.15 %) |
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| Open | High | Low | Volume | ||
| $4.15 | $4.15 | $4.07 | 3450397 | ||
| Last updated 15.21pm 22/05/2024 ? | |||||
| PLS (ASX) Chart |