Basically they increase the leverage (gains or losses) and have the risk of expiring worthless.
Option means they give you the option to buy at 2 cents. So the value should generally be (current price) minus 2 cents, plus a small amount of value for the time remaining.
88E Options info for newbies, page-4
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.86M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $14.76K | 7.304M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 62493465 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 679387644 | 232 |
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| Last trade - 16.10pm 10/09/2024 (20 minute delay) ? |
| 88E (ASX) Chart |