BAS 3.80% 7.6¢ bass oil limited

Ann: Operations Update - July 2024, page-65

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  1. 441 Posts.
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    @clio 2000$ of options traded is not a fortune made. That being said, the next couple of random posts belittling the options potential, are ridiculous. The risk reward potential of the options are a very good value proposition. $6000 gets you 1 million options. The news in the next couple of weeks, in an ideal scenario, could be a market cap of 100 mil. Say 35c per share, that $6k then is $230k, 35c minus 12c strike. Vs 0$ in the worst case. Oppies still represent a big upside, but the outcome is binary, and time is short. Mid term the heads are the safer bet, but you can't write the oppies off just yet.
    Last edited by fearlessninja: 23/08/24
 
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