JKA jacka resources limited
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don't understand

  1. underthestars
    417 Posts.
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    13/10/11
    11:42
    Post #: 9135285
    Why would you buy shares in JKA for 17c, when you can buy the 15c options for 0.7c?

    Lets' say you want to buy 100,000 shares = $17,000
    Buy 100,000 options = $700 + Exercise $15,000 = $15,700

    Shares price goes down below 15c, you save at least $2,000 on the shares, share price goes up you buy them still at 15c?

    I don't get it?
    JKA Price at posting: 16.6¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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