toxo trading at a discount to tox With the options only less...

toxo trading at a discount to tox With the options only less than 3 months till expiry, some people may be reluctant to even look at the options believing it would be a dangerous investment.

My advise is for those interested in TOX and are looking to accumulate for the medium to long term, always keep a close eye on the option price.

I hold plenty of TOX and plenty of TOXO. After market today, I put in a bid for 20k toxo at 7.1c (Yes I know I am a high roller lol). That is an effective buy of 10.1c.

Had I bought TOX after market, I would have paid 10.5c. Therefore I achieved a saving of 0.4c.

THat has been the nature of TOXO in recent weeks. It always seems to be lagging behind TOX.

But if you want to be holding TOX for at least a few weeks, why not just purchase the options at a discount and then exercise them. THe process may take a week or so but at the end of it all, you will have paid effectively less than someone who would have bought TOX at the market price initially.

I dont want to get involved in the dynamics of options trading on here but given the continued upward trend of TOX in recent times, TOXO really should be trading at a premium. THe time value would be fairly minimal given expiry is soon but given the upward momentum of TOX, TOXO should be trading at a slight premium.

THe leverage which can be obtained on TOXO over the next few months can still be quite good in comparison to TOX especially if TOX can run into the mid teens.

With TOX now trading at half a cent increments (hopefully to continue tomorrow) and TOXO still in 0.1c increments, the smart investors should be taking advantage of any discount TOXO may be trading at.

Best of luck to all TOX and TOXO holders. We sure are on a winner.

Cheers