Had a post about SUMO options about 3 weeks ago that was buried in another announcement. Got in at 6 cents and made a post aboutSUMO in another thread that got buried. but have updated the table for the current prices.
For context strike price to convert SUMO is25 cents, while the options are at 20 centsright now. Currently SUMO is trading below the SP by a couple cents.
With high risk comes high reward.
Closing SP today is 49 cents.
Table shows a massive amount of gains to be made from options even at SUMO being 20cents.
At 80 cents, SUMO is still <50 $ million MC with announcements still to come.
SUMO, page-96
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Last
26.5¢ |
Change
-0.005(1.85%) |
Mkt cap ! $21.75M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 28.5¢ | 26.5¢ | $256.6K | 931.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 14431 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 15634 | 1 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| SUM (ASX) Chart |