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1.8¢ andromeda metals limited

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Rhino1963

2,755 Posts.

2443

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(2.94%)		Mkt cap ! $54.43M

Open	High	Low	Value	Volume
1.8¢	1.8¢	1.7¢	$71.5K	3.976M

Buyers (Bids)

No.	Vol.	Price($)
52	15463481	1.7¢

Sellers (Offers)

Price($)	Vol.	No.
1.8¢	1856676	9

View Market Depth

No.	Vol.	Price($)
52	15463481	0.017
25	4697616	0.016
12	3300033	0.015
4	1276428	0.014
3	1619230	0.013

Price($)	Vol.	No.
0.018	1856676	9
0.019	1131432	5
0.020	983659	8
0.021	1250000	3
0.022	908654	9

Last trade - 14.42pm 14/06/2024 (20 minute delay)


Last 1.8¢			Change 0.001 ( 5.41 %)
Open	High		Low	Volume
1.8¢	1.8¢		1.7¢	3969348
Last updated 14.59pm 14/06/2024 ?

ADN (ASX) Chart