Loading ...Re Options
They are mostly priced to perfection, the only way buyers make money is when a mkt reverses suddenly in a v large way for no foreseen reason…and that is very rare…Richard is a master at catching such trades….99 % of the time buyers will get eaten up by the time decay…..PM shares used and probably still are, are effectively open ended, no time limit call options, as once they run yr talking multiples of percent on a daily basis.
Also PM shares are blatantly manipulated on expiry to settle at the worst strike price possible for the largest OI possy. So blatant that one can trade the manipulation.
Imo all PM options should have a warning…All buyers will be ripped off and all yr money taken, only fools buy them, as the sellers should all be in jail.