Lykos, page-46

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roger m

100 Posts.

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27/10/21

22:06

Post #: 57127182
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Originally posted by Bitcoinkid: ↑

Without knowing how much you know about options I’ll describe is as if you didn’t know a thing about it ok.
LYKO is trading @ 18-19c atm, the exercise price of that particular option is 30c meaning when you purchase that option @ 18 or 19c which will expire in 2 years time & you don’t want to loose your money that you paid for purchasing LYKO than you have to request an exercise of options form from the share registry allocated to LYK, fill out the form & pay 30c/option.
So 10 000 options will cost you $3K to convert them, 100 000 options will cost you $30K to turn them into LYK shares and so on.
Naturally you can sell your options just like shares at any time before they expire without converting them to shares.

So what I was saying in my previous post is that LYKO buyers are paying 19c atm, which is like buying LYK @ 49c atm are very confident in the price of LYK going to $3 within a year or so.
When that happens the LYKO could be trading @ $2.80 so it’s all about leverage.
Buying LYK atm @ 37c at $3/ shar let’s say a year later will give you approx. 9 times return.
Buying LYKO atm @ 18c at $2.80/options 12 months from now will be a 15 times profit ratio.
Experienced investors know this is an important & very bullish sign & therefore we assume there’s a favourable outcome awaiting LYK investors.

All IMPO, this is not financial advice & please seek financial advice from a broker or a licensed financial advisor.

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thanks a lot@Bitcoinkid for your detailed and simple way of explaining it... cheers mate.

LYK Price at posting: 35.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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Lykos, page-46

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