Well the very safest strategy is sell enough to free carry. Then you can burn your computer and come back in 5 years and see how rich you are with zero risk to the money you originally invested.
As far as what price to pay as it rises, well it really just depends when you think it's good value or about to go up more. Do you expect it to sit around this price for a while, or even dip a bit?
I'm really wondering when the next relevant bit of news will be, as the major chippy announcements have been a long time coming.
Until something else happens, 8c is resistance that couldn't quite get broken on Friday, so it's going to need something new before it powerfully breaks through. IMO. (Happy to be proven wrong of course).
Remember most of the time the options are giving you 0.2-0.5c discount anyway, so if you expect this thing to be a couple of cents higher before too long, then you know what to do.
I'd probably rather have it go -1c and be holding, than the opposite, umm and ahh about buying and then all of a sudden, trading halt.
Well the very safest strategy is sell enough to free carry. Then...
-
- There are more pages in this discussion • 1,914 more messages in this thread...
This thread is closed.
You may not reply to this discussion at this time.
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add OAK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
6.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.619M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25000 | 6.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.5¢ | 42973 | 1 |
View Market Depth
| Last trade - 16.12pm 01/11/2024 (20 minute delay) ? |
| OAK (ASX) Chart |
Day chart unavailable