Options are derivative contracts. There are two kinds of options, calls and puts.
In the case of ERJ, the call option is the relevant contract.
A call option gives the owner a right to buy the underlying asset (ERJ stock) at a specified exercise price ($0.20) on or before a specified expiration date (31 December 2016).
Put simply ERJ will give you a financial asset (like a share) which gives you the right to buy ERJs shares at $0.20 any time before the expiration date. So say if the stock is $1 next december, the option gives you the right to buy the stock at $0.20 of the company and then you can then sell that stock on the market making a risk free gain of $0.80.
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Last
14.0¢ |
Change
-0.010(6.67%) |
Mkt cap ! $15.00M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.0¢ | 13.5¢ | $9.596K | 68.02K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 26223 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 856 | 1 |
View Market Depth
| Last trade - 15.52pm 18/07/2025 (20 minute delay) ? |
| VPR (ASX) Chart |