Randomly saw this thread now.
Exactly the same thinking as you DSD!
The day TPM crashed, I planned to open up a pairs trade by buying TPM and shorting SOL, expecting some arb to take place.
Hasn't happened! All I can say is the market is stupidly irrational?
And since that day, TPM down further 23%, SOL down only 7%...so had I opened it, it would've killed me.
Anyway, still looking to open the trade, but need some security/base to form for TPM first...and for SOL to still be lagging at that point in time...
Also, which broker are you using to short with if you don't mind?
A few of my CFD brokers aren't offering it which was a surprise...
Good luck with the trade!
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Last
$34.80 |
Change
-0.180(0.51%) |
Mkt cap ! $12.41B |
Open | High | Low | Value | Volume |
$34.94 | $34.95 | $34.58 | $10.87M | 312.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1378 | $34.79 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$34.80 | 249 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2064 | 26.890 |
1 | 4429 | 26.870 |
2 | 5019 | 26.840 |
4 | 13889 | 26.820 |
1 | 153 | 26.810 |
Price($) | Vol. | No. |
---|---|---|
26.940 | 1229 | 1 |
26.950 | 4947 | 1 |
26.970 | 5993 | 2 |
26.990 | 4687 | 1 |
27.000 | 4408 | 1 |
Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
SOL (ASX) Chart |