GGE 0.00% 0.6¢ grand gulf energy limited

options, page-12

  1. 872 Posts.
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    Ravoronefive,

    It is called potential.

    It all depends on how much time is left for the share price to go up even higher.

    To a person who trades in options it all comes down to percentages.

    Current GGE share price is .005. If it goes to .01 being the share has doubled.

    I expect the options will be worth .004 because of the potential they have to go higher riding on the back of the share price.

    Or if GGE go to .03 the options will be technically worth .01 but being there is still 14 months until they have to be exercised they have a potential price. But the closer they get to the exercise date the potential decreases.

    Now if GGE share price continues to rise above .03 for every .001 + 1 bag or .002 = 1 bag depending on at what price you purchased them at.

    I know its as clear as mud.

    I have traded in options for years. If you want to know more just ask.
    Many of my friends have trouble getting the head around it.
 
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