I think they meant ‘overpriced’ in the sense that SKNOA market price + SKNOA strike price > SKN market price.
People (like me) still buy the oppies at current price because there’s tonnes more leverage if the price of the heads multi bags.
So yes, you are correct. More risk but also more reward.
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.357M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $493 | 123.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 6323667 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 3422361 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 6323667 | 0.003 |
4 | 1635003 | 0.002 |
9 | 6802098 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 3422361 | 4 |
0.006 | 1223369 | 1 |
0.007 | 1462270 | 3 |
0.009 | 30000 | 1 |
0.000 | 0 | 0 |
Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
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SKN (ASX) Chart |