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1.8¢ andromeda metals limited

ADN CHART, page-80

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Rhino1963

2,747 Posts.

2436

24/05/19

08:23

Post #: 38721714
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Originally posted by prolifix: ↑

I know what he is saying, but what he is reffering to is his own personal circumstance e.g. his purchase price of the option + ex price.... but the term "in the money" is as i stated... as per below

In the Money

An option contract is in the money if it has intrinsic value. For example, a Call option is in the money if the price of the underlying asset is higher than the option contract strike price. Conversely, a Put option is in the money if the price of the underlying security is lower than the option contract strike price. As a brief reminder, call options are a bet that the underlying asset will rise in price, while a put option is a wager that the underlying asset price will fall.

It is called ITM because option traders are typically speculating on the price directionof the underlying asset. If the strike price of a call option is $5, and the underlying stock is currently trading at $4.70, that option is out of the money. The buyer of the call isn't going to make any significant money until the price starts rising above $5 (ITM). The higher above $5 the price goes, the more in the money the option is.

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Nah mate my purchase of oppies was much lower than 0.6c
But I take your point and sorry for any confusion.

ADN Price at posting: 1.3¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 1.8¢		Change -0.001(5.26%)		Mkt cap ! $55.98M

Open	High	Low	Value	Volume
1.9¢	1.9¢	1.8¢	$132.9K	7.278M

Buyers (Bids)

No.	Vol.	Price($)
30	12618174	1.7¢

Sellers (Offers)

Price($)	Vol.	No.
1.8¢	195123	5

View Market Depth

No.	Vol.	Price($)
29	12616495	0.017
37	13795387	0.016
22	5316448	0.015
5	1219278	0.014
5	3776923	0.013

Price($)	Vol.	No.
0.018	369563	4
0.019	2783163	9
0.020	5396638	23
0.021	3139035	7
0.022	2143910	10

Last trade - 14.54pm 21/05/2024 (20 minute delay)


Last 1.8¢			Change -0.001 ( 5.26 %)
Open	High		Low	Volume
1.9¢	1.9¢		1.8¢	7587281
Last updated 15.00pm 21/05/2024 ?

ADN (ASX) Chart