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0.00% 1.1¢ freedom oil and gas ltd

mdc - could you please explain the meaning of "By now buying "...

  1. FletaP
    1,855 Posts.
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    12/05/12
    11:00
    Post #: 10166253
    mdc - could you please explain the meaning of "By now buying " put " contracts on Oil , the profits they will make as the price shoots up has increased exponentially"

    I am a bit thick and do not understand how a buyer of a put will increase profits exponentially when the POO shoots up.
    FDM Price at posting: $1.14 Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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