A persistent focus on the long-term can ignore more immediate-term opportunities that may exist in the market. Marcus Padley from Marcus Today has created his Trading Portfolio to give some attention to these immediate-term ideas. “One we’re having a trade in is Geoff Wilson’s Leader’s Fund, which has recently listed very successfully.” The fund listed at $1.10 per share, while the options on the fund, with a $1.10 strike price last traded at 4.7c. “Most of the Wilson funds trade at about a 10% premium to their NTA. If goes back to a 10% premium, it would be $1.21, in which case those options would be worth about 15c.” Watch the full video below for 3 more trading ideas, including one that could benefit from a successful ‘leave’ vote in today’s referendum in the UK.
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