BAS 5.13% 7.4¢ bass oil limited

General discussion thread, page-1136

  1. 27,462 Posts.
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    oppies are at the magic tipping point.

    Shares at 21, options at 9.7
    look at 50% move on heads.

    heads 21+10.5 = 31.5 = 21 x 1.5
    ops => (31.5-12) = 19.5 = 9.7 x 2

    Move the bar further to say 2x heads, at 42c = 2x
    and ops go 30c = 3 x

    Plays out better for ops, try at 1.00 and 88c.
    Last edited by stevenjd: 13/02/23
 
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