I have a calculator on my phone.
It tells me my average price on the heads (total investment / number of LOM FPO shares held) is about 12.7c.
I also hold half as many LOMOC as I do LOM.
If S = LOM Share Price, and the options get into the money, ignoring any future upside premium, they will be valued at (S - $0.10). So once in the money, my holdings per LOM share will be valued at
S + 50% x (S-0.1) = 1.5S -0.05
Hence my breakeven point will be when that value = $0.127
0.127 = 1.5S -0.05
0.177 = 1.5S
S=$0.118
If C = current price of oppies, current market value per share for me is
S+C/2 = 0.069 + 0.025/2 = $0.0815
Oppies at 2.5c with heads at 6.9c implies a premium of 2.5c - (6.9c - 10c) = 5.6c
So pricing in that premium, oppies are valued at S-$0.044.
Adding the premium to the above equation gives me a breakeven of
0.127 = 1.5S -0.022
S= $0.099
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6.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $19.43M |
Open | High | Low | Value | Volume |
6.5¢ | 6.7¢ | 6.5¢ | $7.546K | 114.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 15800 | 6.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.7¢ | 31257 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 15800 | 0.063 |
2 | 84801 | 0.061 |
1 | 326778 | 0.060 |
1 | 431000 | 0.059 |
1 | 17240 | 0.058 |
Price($) | Vol. | No. |
---|---|---|
0.067 | 31257 | 1 |
0.068 | 150000 | 1 |
0.069 | 42000 | 1 |
0.070 | 92518 | 2 |
0.073 | 10000 | 1 |
Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
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