re: rio put's and calls Absoluelty correct geffa. I would sell both at the same time. I have tested selling the loser first, and then holding the winner for a few days longer, but it doesnt work very often. If the winner retraces, you are worse off. The truth is you win about half the time by seperate selling, and thats gambling again.
Definitly sell both, or its not viewless trading.
If you want more profit, the best way is to take a similar straddle in multiple stocks. Do the same on cba and nab, for eg (not that Im recommending cba or nab).
You need an indicator that tells you when volatility is low, then you buy. When volatility is high, then you open the trade by selling both puts and calls, and buy it back when it goes quiet.
re: rio put's and calls Absoluelty correct geffa. I would sell...
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Last
$119.00 |
Change
-2.540(2.09%) |
Mkt cap ! $44.17B | |||
| Open | High | Low | Value | Volume |
| $120.56 | $120.69 | $119.00 | $216.2M | 1.800M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 130 | $118.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $119.13 | 1255 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| RIO (ASX) Chart |