I mentioned yesterday afternoon about the XJO likely to rally short term and how buying some out of the money calls could be a good idea for short term traders. Yesterday we bought some XJO Nov 5250 Calls for 42c. They are currently pricing at 64c. Question is, do we trust the US politicians to hold it over the weekend?
Michael Gable is managing director of Fairmont Equities. We are a small boutique advisory that uniquely combines both fundamental and technical analysis. As a result, our analysis is featured regularly in the finance media such as the Australian...
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