Gonna add the following commentaries, also not financial advice, also same caveats above.
Yes, you could have heads @12c each, $2.5k and when it goes to 24c, it also doubled. You are also right.
The benefits of options are that they don’t scale linearly to the price of heads.
@44c, your $2.5k, heads $9.15k (360%), options $30k (1200%).
@75c, your $2.5k, heads $15.62k (630%), options $68.75k (2750%).
How likely? I don’t know but this should be able to give a potential answer why someone might like the options more. Gambling!!!
Ok, thanks for listening to my TED talk!
- Forums
- ASX - By Stock
- VRX
- Ann: Results of SPP and Shortfall
Ann: Results of SPP and Shortfall, page-9
-
- There are more pages in this discussion • 244 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VRX (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $25.13M |
Open | High | Low | Value | Volume |
4.0¢ | 4.0¢ | 4.0¢ | $760 | 19.01K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 155988 | 4.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.3¢ | 35000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 155988 | 0.040 |
4 | 357822 | 0.039 |
1 | 52631 | 0.038 |
1 | 55555 | 0.036 |
2 | 219534 | 0.035 |
Price($) | Vol. | No. |
---|---|---|
0.043 | 35000 | 1 |
0.044 | 420000 | 2 |
0.045 | 17000 | 1 |
0.047 | 38619 | 2 |
0.048 | 296773 | 2 |
Last trade - 15.44pm 08/11/2024 (20 minute delay) ? |
Featured News
VRX (ASX) Chart |
The Watchlist
EQN
EQUINOX RESOURCES LIMITED.
Zac Komur, MD & CEO
Zac Komur
MD & CEO
SPONSORED BY The Market Online