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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Thank you for your reply, Border (Scottish?) Also, your blog is...
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Open | High | Low | Value | Volume |
$1.35 | $1.35 | $1.29 | $446.7K | 343.1K |
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No. | Vol. | Price($) |
---|---|---|
2 | 880 | $1.33 |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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3 | 14138 | 1.320 |
1 | 9672 | 1.315 |
1 | 945 | 1.310 |
4 | 45455 | 1.300 |
Price($) | Vol. | No. |
---|---|---|
1.355 | 5545 | 2 |
1.365 | 945 | 1 |
1.370 | 892 | 2 |
1.385 | 724 | 1 |
1.390 | 12000 | 1 |
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