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Why was this necessary?? BITOA exercise price 6c and 1.5 months...

  1. Msir
    3,848 Posts.
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    17/10/18
    09:49
    Post #: 36151375
    Why was this necessary??

    BITOA exercise price 6c and 1.5 months to expiry, current share price as of yesterday 24.5c, options well in the money....

    It would have been bullish if the options had an exercise price much higher than the current market cap and someone underwrote them.
    BIT Price at posting: 24.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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