I am long on AVZ, but first time buyer of option. Yesterday, I wanted to buy some heads but ended up buying 2x option @.023 when heads were @0.053.
Can you please guide me if my below understanding is correct.
As long as heads are above strike price (0.03) I can still convert my option with some value left on it. Only if heads goes below 3c options are worthless. If option’s strike price + option’s present value = head there is no potiential risk on down movement until the head’s price reaches the strike price which in this case is 0.03c.
- Forums
- ASX - By Stock
- AVZ
- AVZO Current price
AVZO Current price, page-49
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)