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Looks like the sleeper might have some kick in her Hard And Fast...

  1. 9,763 Posts.
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    Looks like the sleeper might have some kick in her Hard And Fast atm $$$$$$

    The move is on in the options mate by the looks of the depth forming on market in the options BUYO BPHOB, that’s always the early signal, I think it’s the arbitrage trade from BPHOB to BUYO atm, as BUYO will become the only leveraged play left in Pep11 soon when BPHOB expires in September, BUYO run for a extra full year so the choice is easy atm for BUYO given tax selling compounding the sell down in BPHOB atm exponentially as the month ticks on to the new FY.

    Interesting times hardnfast waiting out this Pep11 approval atm $$$$

    GL

    Has certainly been quite some time since I’ve seen such depth in the BUYO bid $$$$
    https://hotcopper.com.au/data/attachments/6230/6230391-6bac7d9dec7cf09d6748bcf8cded045c.jpg

 
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