Thanks @Quill-T that example sets it out nicely and makes sense now. So basically its the leverage the options allow. You can buy more now for the same money and if they go up the leverage gives you a greater profit. Obviously the downside is the leverage also gives a greater loss if they go down. Cheers
Thanks @Quill-T that example sets it out nicely and makes sense...
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Last
19.5¢ |
Change
0.020(11.4%) |
Mkt cap ! $41.93M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 19.5¢ | 18.8¢ | $3.087K | 15.92K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 28411 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 586 | 1 |
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| Last trade - 12.09pm 03/07/2024 (20 minute delay) ? |
| NVA (ASX) Chart |