CMX 0.00% 4.3¢ chemx materials limited

Options are cheap leverage/hedge in a way. Allows you to bet on...

  1. 2,634 Posts.
    lightbulb Created with Sketch. 142
    Options are cheap leverage/hedge in a way. Allows you to bet on the future of the company being higher than the exercise price without having to front the money aside from the measly 0.005 per option. If they aren’t worth more, no biggie. If they are worth more you can exercise and be ahead. imo options in general are underrated. Typically if a stock is performing, a lot of the time you get better returns on options vs heads.
 
watchlist Created with Sketch. Add CMX (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.