Correct me if I am wrong I am still new to Options.
Im just comparing the heads and the options to see what kind of returns there are using simple numbers for my sanity check. Note I am using past prices:
If buy GSN straight up at 10c and I have $1000 to spend I will get 10,000 shares.
If i buy GSNOA at 5c with the same $1000 I will get 20,000 shares with a strike price of 5c (pay an additional $1000 to convert to shares right now but why would you!)
Say at expiry in 2022 later down the line GSN is at 50c:
My original 10,000 shares of GSN will be worth $5000 for a 5x return. Originally paid $1000.
My 20,000 options of GSNOA exercised at 5c (so pay $1000) to receive 20,000 fully paid shares of GSN which will be worth $10,000 less the strike cost = $9000 for a 9x return. Originally paid $1000.
Can someone please correct me if I have made an error in my understanding of GSNOA.
- Forums
- ASX - By Stock
- GSN
- Ann: Visible gold in diamond drill core at Coxs Find Gold Project
Ann: Visible gold in diamond drill core at Coxs Find Gold Project, page-83
-
-
- There are more pages in this discussion • 63 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 GSN (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.91M |
Open | High | Low | Value | Volume |
2.0¢ | 2.0¢ | 2.0¢ | $550 | 27.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 279412 | 1.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.0¢ | 826418 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 279412 | 0.017 |
6 | 520000 | 0.016 |
2 | 1650000 | 0.015 |
1 | 150365 | 0.014 |
1 | 1000000 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.020 | 826418 | 3 |
0.021 | 155000 | 2 |
0.022 | 140666 | 2 |
0.024 | 150000 | 1 |
0.025 | 250000 | 1 |
Last trade - 10.55am 19/07/2024 (20 minute delay) ? |
Featured News
GSN (ASX) Chart |