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3.9¢ osteopore limited

sure I understand that, and I do trade options (mainly on oil...

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Drakemaster

162 Posts.

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26/07/23

10:44

Post #: 68985785
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Originally posted by stevenjd: ↑

Pretty obvious the 1m sells clouds that appear, we saw some panic, some capitulated, others re-appearing at 1.1c

Thats pretty good Leverage when you can get it.
For a 12.4m mc company, 155m FP that should with this china connection be able to catapult much higher.

The real advantage of options is leverage.

if the target is 100m mc, for example then thats (8 X) 8c heads at 64c, and ops at 41.5c = 37x 1.1c

Thats mathematical magic. Comparing 8X gains to 37X gains.
And what will attract option buyers to pay much more than 1.1c, v 8c heads.
That should tighten up, so that the gains on options are closer to the heads. Hence you can see the options move higher, even if the heads just start to lift marginally.

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sure I understand that, and I do trade options (mainly on oil and gold) - so what you're saying is not wrong typically.

But equities, especially like OSX - I would be very careful.

I note all the announcements, but again it does not really much without that key revenue. I was hoping to see quarterly numbers on Monday or Tuesday, maybe they will release it today.

OSX Price at posting: 8.2¢ Sentiment: Hold Disclosure: Held
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Last 3.9¢		Change 0.000(0.00%)		Mkt cap ! $4.506M

Open	High	Low	Value	Volume
3.9¢	4.0¢	3.9¢	$9.764K	250.3K

Buyers (Bids)

No.	Vol.	Price($)
5	134849	3.8¢

Sellers (Offers)

Price($)	Vol.	No.
3.9¢	101311	2

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No.	Vol.	Price($)
5	134849	0.038
3	102080	0.037
3	108330	0.036
2	205710	0.035
1	30000	0.034

Price($)	Vol.	No.
0.039	101311	2
0.040	124167	3
0.041	159621	2
0.042	386352	4
0.043	34483	1

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