Post by
copperminer on Dec 27, 2020 7:29pm
Re Options
Anyone out there an experienced option invester re Taseko. If a shareholder who believed in the Taseko story and the rising price of copper, and wanted to make a larger investment, would it be better to buy options rather than more shares. The leverage of a smaller amount of cash to claim a larger ownership of shares may be more efficient. Might even open some big doors.
Looks like a successful share holder in a high profit position could gamble with some of the profit to protect an option strategy. House money multi leveraged to stock accumulation less risky than more cash going in.
Might be a way around the Trudeau slashing of the TSFA limits by 50%. What happens in Vegas stays in Vegas.
cm
Comment by
nofluff on Dec 27, 2020 7:53pm
Interesting miner. I know u can buy puts and ootions on copper. I know u can buy bonds on tko. I am not aware of a put or option option on tko. Perhaps u could fill us in. nf
Comment by
JoeStockIQ on Dec 27, 2020 8:18pm
Options are available but they rarely trade because the price of the stock is so low. Meaning, a currently traded stock at $1.30 US only has strike prices in whole dollar amounts. If Taseko options trade in fractional amounts of a $, don't know where to find them if they are in fact available.