Monday, March 18, 2019

UOB - Call Warrants Sold






Just received a trade record from a student who traded the UOB warrant. Entered 0.08 and sold off at 0.085. The UOB warrants mimic the mother shares of UOB. When UOB was trending up the past 2 days, the warrants followed but it's slow. The sensitivity, volatility, delta and the per pip just with the mother is just slow. However as the mother moved higher, the warrants just jumped up and that's where he sold the shares. The commission is cheap and hence the profits will be bountiful. The banks had been moving the past 2 -3 days as predicted in my earlier post last week. Congrats to all who made $$ based on my alerts.

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Ronald K - Market Psychologist - A Stock Market Opportunist