RRS 0.00% 0.1¢ range resources limited

rolling heads into options

  1. ds
    7,131 Posts.
    righto - I put my money where my mouth is and rolled some of my heads into options. Makes me more of an investor now rather than trader but hey - thats what I was b4 anyway.

    Theory -

    Heads double from 6.5 to 13c
    Tails go from 2.5 to 8c so 100% return v 220%
    Of course the tails will prob trade at a discount but hopefully not trading at 5c when the heads are 13c !!

    If it halves from 6.5c to 3.3c I reckon the tails might still be worth 1c so I won't have killed myself.
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