Thank you for your reply, Border (Scottish?) Also, your blog is interesting- I just checked it out.
Another thing, I suppose, is that sometimes people pay more on brokerage than they might on the options themselves. Having not dealt in options, I almost made a fatal financial mistake the other day and put an order on for 5m PLA options @ .001c. Had I not been able to flog those off, and because people only buy smallish amounts of options, it could have cost me $400,000 to convert, or just plenty of capital lost if I couldn't onsell them. Would you say that buying large amounts of low-priced options to flip is a strategy that is so risky, it is not worthwhile? PLARAs actually doubled in price at some points, but who would buy millions of them!
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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1 | 55564 | $1.43 |
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No. | Vol. | Price($) |
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1 | 707 | 1.400 |
3 | 3254 | 1.340 |
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2 | 4196 | 1.275 |
Price($) | Vol. | No. |
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1.450 | 1283 | 2 |
1.465 | 20000 | 1 |
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