EMR 4.96% $3.26 emerald resources nl

why no interest in the oppies, page-8

  1. 505 Posts.
    lightbulb Created with Sketch. 14
    I think what Neil_WA means is that the head price is 1.5to 2.5 times the options exercise price - in this case 20c, so 20 * 1.5 to 2.5 is 30 to 50c and the traded options price ranges from 15 to 35c (with a 5c premium built in - for the extra leverage I guess), while the heads prices ranges from 30-50.

    I went with options this time - cant wait for them to get to 35 and beyond...they are pretty sensitive to trades at the moment - any trade pretty much has a significant effect on the price. (sort of like Shrodingers (sic) cat...).

    cheers
    MD

 
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