Banks

[Wizard]

It's an arbitrage opportunity in PUTS...

[john_1]

Explain?

[Wizard]

Guaranteed making money by going Short. Trading under 50EMA. Just look at the gap they have to fill going south.

[barry_1]

i closed out my SB TOP PUT at a good profit about half an hour ago,yeh suppose i could have made more by holding,i'm the nervous type around warrants,i lack nerves of steel....however have kept Harmony as i feel it is a surrogate put at this time!

[BRE]

There's no such thing as a guarantee. There are high probablities but no guarantees.

[platsak]

Seems Banks are settling in a Channel again? SBK coming up on R80 level again. Good one there Barry. Glad theres still ppl making money in this market.

[barry_1]

thanks,but also sold my Nedbank Call at a slight loss,as now Germany now saying that it will see that investors will not loose their savings has frightened me as they were the most conservative and strongest of bankers....by the way ,if Tito or Trevor does not issue the same statement,investors will withdraw their savings here and place them in a country that has done that....even if we have nothing to do with the banking crisis!