Hi rem,
Im also sus that a short has any legs. I agree its just a bit of profit taking. Something seems to be pushing resources higher. Maybe theres some inside knowledge.
Well I was wrong on my comment on the USA reporting season last fortnight. Volitility didnt increase at all. I lost on rio bought straddle 32.50. Would have made money if I sold the straddle.
Any idea which broker is good for selling options? I prefer one with low margins as I dont hold the stock.
Selling is the way when volatility is falling. Same straddle dwindled to as low as .71 a few days ago.
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$39.37 |
Change
0.560(1.44%) |
Mkt cap ! $200.4B |
Open | High | Low | Value | Volume |
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---|---|---|
43 | 9701 | $39.37 |
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14 | 4629 | 39.330 |
13 | 4151 | 39.320 |
14 | 3938 | 39.310 |
13 | 6436 | 39.300 |
Price($) | Vol. | No. |
---|---|---|
39.350 | 3825 | 19 |
39.360 | 4704 | 9 |
39.370 | 2712 | 9 |
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