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1.0¢ kairos minerals limited

KAIOG, page-4

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ura_bull

7,245 Posts.

1227

11/09/20

10:55

Post #: 47264606
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Originally posted by samson ↑

I'm just curious of the current behaviour of the KAIOG options. The strike price is 2.5c - and it still has a good 15 months before expiry.
At close of trade today - Last Price of KAI was 5.4c and Last Price of KAIOG was 2.9c.

The option currently at 2.9c + the strike price = 5.4c. That means there is no premium placed on the options at the moment.
That is very odd to me. I've been playing options for a couple of decades and I haven't seen this very often at all.

When an option is "in the money" as KAIOG is now, there is always a premium placed on the option price - dependent on the amount of time remaining before expiry. I would expect to see little or no premium on an option if there is just one or two months left before expiry, but with more than a year to go - I would think that the options would normally have at least one cent premium - meaning that instead of 2.9c, they really should be sitting around 3.8/3.9c.

Anyone have any opinions?

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This is a very good point - I augmented my offer oppies.
I was trying to work out the Black-Scholes and I reckon it should be above 4c - right?

KAI Price at posting: 6.4¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 1.0¢		Change 0.001(11.1%)		Mkt cap ! $23.58M

Open	High	Low	Value	Volume
1.0¢	1.0¢	0.9¢	$34.37K	3.778M

Buyers (Bids)

No.	Vol.	Price($)
2	62856	0.9¢

Sellers (Offers)

Price($)	Vol.	No.
1.0¢	3927437	12

View Market Depth

No.	Vol.	Price($)
2	62856	0.009
25	13301374	0.008
10	3001428	0.007
6	6673888	0.006
7	6188888	0.005

Price($)	Vol.	No.
0.010	4194104	12
0.011	1779779	5
0.012	2660361	9
0.013	2868181	7
0.014	3087272	9

Last trade - 16.10pm 18/07/2024 (20 minute delay)

KAI (ASX) Chart