Sorry to disappoint you Kiara but jwgloede is absolutely correct. The options are worth nothing until the head shares rise above 6.5c. Its an option to buy the head shares at 6.5c in 2019. Why would you pay anything for them until that point. Even at that point the options are lock step with the head share ie worth 1c for every 1c the head shares increase in price past 6.5c.
In effect you are paying 2c per share more than you need to.
The leverage you are talking about does not work. eg: price in 2019 is 10c. Sell profit equals 10c - 4.6c (Current head share) = 5.4c profit. Buy options now at 2c and convert at 6.5c in 2019. therefore you have paid 6.5c + 2c = 8.5c per share. sell at 10c and you have made 1.5c per share c/f 5.4c per share and that does not even take in the opportunity cost of the options!
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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36.0¢ | 600 | 1 |
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No. | Vol. | Price($) |
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1 | 20000 | 0.250 |
1 | 2200 | 0.230 |
1 | 4545 | 0.220 |
1 | 4761 | 0.210 |
Price($) | Vol. | No. |
---|---|---|
0.360 | 600 | 1 |
0.365 | 100 | 1 |
0.370 | 2000 | 1 |
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