OM1 0.00% 7.8¢ omnia metals group ltd

At 31.5c close, options should be more like 13c.Easy calculation...

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  1. 10,103 Posts.
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    At 31.5c close, options should be more like 13c.

    Easy calculation is if the heads go up 60% from here to 50c, then the options will go up 200% (8.4c to 25c).

    If they were 13c, then the rise would be closer to 100%.

    I have traded options for many years, so I know where fair value should be, and 8.4c is way to cheap IMHO.

    I rotated out the heads today into the options.
 
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