OPT 3.85% 87.5¢ opthea limited

Why is it meaningless? If I have $100k of capital at risk, and...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,423 Posts.
    lightbulb Created with Sketch. 358
    Why is it meaningless? If I have $100k of capital at risk, and if the phase 3 trials fail, then it's gone—just like with lithium bubble stocks where 95-99% of the investment can be lost. Options just take that risk from 95% gone to 100% gone. But my reward is geared up. That's the way I see it. While the risk is higher with options, it isn't that much higher, but the reward is potentially double. As I mentioned, I have most of my investment in OPT in direct shares (just under 2 million shares and just over 1 million options), so I am not actually all in on options.
    Last edited by FreeFromStyle: 07/08/24
 
watchlist Created with Sketch. Add OPT (ASX) to my watchlist
(20min delay)
Last
87.5¢
Change
-0.035(3.85%)
Mkt cap ! $1.077B
Open High Low Value Volume
92.0¢ 94.0¢ 87.0¢ $3.470M 3.834M

Buyers (Bids)

No. Vol. Price($)
3 5491 87.5¢
 

Sellers (Offers)

Price($) Vol. No.
89.0¢ 23622 1
View Market Depth
Last trade - 16.10pm 14/10/2024 (20 minute delay) ?
OPT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.