15th February 2007, 06:27 AM
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Member
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Join Date: Jan 1970
Location: Sydney
Posts: 402
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Quote:
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Originally Posted by Mark
You'll get the hang of things crash.
I managed to jag $14 on Bowhunter.
Backed it at 11.0, and laid some off at 9.4.
Some advice I can offer is to open options, and tick the top 4 boxes.
This gives you the chance to see exactly what will happen if your bets are accepted.
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Translating Mark's enigmatic claim.
Say you:
Back @11.0 for $100
Lay @9.40 for $65
Then you effectively:
Back @13.97 for $35
I confess I had to resort to a spreadsheet to deduce that. |