With all due respect, again, your comment above shows you have little understanding of how options trade with a long maturity date.
The strike price does not become the spread until the maturity date gets much closer. There is leverage value in the options 3 years out, and that is why they trade at a higher price, or as you would say, not in the money.
People that end up with options in the money generally bought them out of the money. That is called investing speculatively on the basis of future expected growth.
I would comfortably say that in the next 12 months you will, dollar for dollar, make more on an equal amount invested in oppies than heads purely on the ability to buy more of them for the same price and the fact that the majority of the time they move at the same pace as the heads to maintain the market dictated spread.
Your simple assumption that the strike price is always the constant difference between the oppie price and the head price is not a reality, and you should do some research on other similar spec companies, 88E comes to mind, and see that their spread and oppie price does not represent the strike price of the options with a long term maturity.
IMO. DYOR.
- Forums
- ASX - By Stock
- Ann: Listed Options now Quoted - ASX Code MXCOD-MXC.AX
With all due respect, again, your comment above shows you have...
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RGT (ASX) to my watchlist
|
|||||
Last
32.0¢ |
Change
-0.010(3.03%) |
Mkt cap ! $15.48M |
Open | High | Low | Value | Volume |
34.0¢ | 34.0¢ | 32.0¢ | $6.532K | 19.88K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 15000 | 26.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
34.5¢ | 5000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 15000 | 0.260 |
1 | 20000 | 0.250 |
1 | 2200 | 0.230 |
1 | 4761 | 0.210 |
1 | 14600 | 0.205 |
Price($) | Vol. | No. |
---|---|---|
0.345 | 5000 | 1 |
0.365 | 11738 | 3 |
0.370 | 2000 | 1 |
0.380 | 1522 | 1 |
0.395 | 8746 | 1 |
Last trade - 14.37pm 04/09/2024 (20 minute delay) ? |
Featured News
RGT (ASX) Chart |