RIO 2.09% $119.00 rio tinto limited

re: rio time to go short ? amory,rembrandt,gse Astoriaa: yes, I...

  1. 1,565 Posts.
    re: rio time to go short ? amory,rembrandt,gse Astoriaa: yes, I read what you did yesterday & I was impressed. a 50% profit on a put in one day, not bad!!

    on principle, amory avoids spot-options, but the RIO put dates back to december so it's not a spot, or at least it wasn't at the time of purchase. I was going to wait till tonite to decide on a BHP put. but there's a Jan (oh-oh, that's a spot!?) 1150 going for 9 cents, so I got some of those. might as well live dangerously.

    basically, trying to convince myself that the turning-point (downwards from overbought) is very close. playing with very small amounts, for time being.

    january is a long month, expiry is not till the 29th, 3 weeks exactly. hopefully, an interesting month!

    best of luck.

    ~/. .\~
 
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