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!
Randomly saw this thread now. Exactly the same thinking as you...
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Last
$35.01 |
Change
0.340(0.98%) |
Mkt cap ! $12.41B | |||
| Open | High | Low | Value | Volume |
| $34.87 | $35.45 | $34.86 | $13.82M | 393.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1932 | $36.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $33.26 | 805 | 1 |
View Market Depth
| Last trade - 15.59pm 28/11/2024 (20 minute delay) ? |
| SOL (ASX) Chart |
