Recent content by bucket183

Surely the takeover rumour can be the only explanation??? But even that doesn't make sense coming from BHP who just bought back stock and in the news today committed to expansion in WA and also surely the CEO is gun shy to anyother takeover??? Thoughts anyone??

I use to use Options Orcale but the ASX data doesn't work anymore for some reason. Does anyone know of any equally as good programs that calculate the theortical price of an option with variables of stock price and date. ie I what to find out what option x will be worth on 18/11/10 if the...

RBS Morgans. I thought that too, but my broker assures me that they only pass on the och requirements. I'll be pissed if I find out otherwise.

I was wondering whether anyone has another Option Margin Calculator that I can check the ASX's estimate against. The reason why I asked is that last month I sold some Calls and Puts and the Calculator stated that the margin would be $4500ish ( I under that the ASX states that it will be within...

Ah that's where I'm going wrong trading days vs days of the year. Cheers thanks for that

Thanks, I saw that too, but that doesn't work for the formula eg BHP ATM (40.50)Call 1.47 for Jan 10 and the return is 27.04% (from Fri AFR tables)the maths does not work :banghead:

Does anyone know how AFR.com calculate their annualised returns on each call??? Ie the formula that they use?? Link to AFR http://www.afr.com/share_tables/ Then just select the Options Call table.

Can anyone tell me where BHP is going?? I truely thought that it would have reversed by now. I didn't think it would break $42 resistance. Does that mean it will become a resupport?? What do people think?? Or will there be a major correction tomorrow??

My strategy is as a call writer (covered calls). I am looking into buying an OTM Put as insurance on my stock (as well as allowing me to borrow more) but the question is, if the stock gots up and I get exercised what do I do with the purchased Put? I could just buy more stock and continue, but...

What happened to MIG this morning??

WayneL, What is strategy?? My strategy is for income creation, so whether I buy/write or do covered calls depends upon which one will yield the highest. As I said I am new at this and last month was the first time I was in the position that my stock was ITM so I rolled up as the whole process...

Hold on Cutz, can you say all again and dumb it down a lot. Perhaps an example??

I am relatively new to the options trading game and have been reading as much as I can on the subject. My basic strategy is the Buy/Write and was wondering about defensive strategies. Rolling Up/Over - happy with this technique, simply buying back the original contract and then selling a new...

I understand that the risk of buy/write and naked puts are the same but why doesn't the bank see that (or at least mine) Is it all banks that don't support Naked Puts? What I want to do is sell naked puts until I get exercised then I'll buy the shares and sell cover calls on them. Correct me...

I understand how Naked Put work but I am unsure how it work with respect to the ACH. When I sell a Naked Put do I have to register my liquidity with the ACH?? So in essence I need to have the entire money to buy the shares in a bank account somewhere?? The entire money I have to have as cash...