re: pbl reversal for kman Thanks Kman,
I have got badly burned on a few synthetic long positions during the last year, so I am now very cautious about any ETO positions - long or short.
I will take notice of your thoughts and wait for PBL to make its move.
I have been looking to short CBA for a while but the ETO premiums for a short position over the next few months dont seem to justify the risk of getting the direction wrong. I'll keep an eye on NAB
Thanks.
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