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topskq. worth a chance? Buy some?

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Not applicable
Is it worth buying topskq? Seems far enough away from expiry
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2 REPLIES 2
barry_1
Super Contributor
In an e-mail from SBK today they say that on the TOPI there is a strong bull support around 22930.I have decided at this stage not to go short.How ever if this is breached then i shall buy half as many PUTS as i have CALLS. If it then goes below 22 650 i shall buy the other half i.e.an equal amount of PUTs that i have in CALLS so as to protect my profits.It is thought the pullback will then go all the way down to 22200.
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Barry, make sure you know which topi price they are using in their analysis. Because your warrant is priced on the Dec futures contracts (if I am not mistaken), which trade at a 300pt premium to cash price of the TOPI at the moment.
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