A quick way to make (at this moment's prices) $1,700.....
a) Buy the 12,347 VULO options at 64c = $7,958
b) Buy the 11,000 VULO options at 64.5c = $7,095
Total cost = $15,053 (plus broker's 'C')
Exercise the 23,437 options @ 28.5c - Cost $6,680
So total cost for the 23,437 fully paid VUL shares = $21,733
Current SP for VUL = $1.00 so value of 23,437 shares = $23,437
Hence total profit = $2,704.....
So if you believe in VUL then buy the options at a massive discount and retain funds for a further 4 months!
Simple!!
A quick way to make (at this moment's prices) $1,700..... a) Buy...
Add VUL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.53 |
Change
0.070(2.02%) |
Mkt cap ! $597.0M | |||
| Open | High | Low | Value | Volume |
| $3.50 | $3.54 | $3.46 | $365.8K | 104.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1054 | $3.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.53 | 370 | 4 |
View Market Depth
| Last trade - 11.10am 08/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$3.59 |
Change
0.070 ( 3.22 %) |
||||
| Open | High | Low | Volume | ||
| $3.48 | $3.60 | $3.46 | 20589 | ||
| Last updated 11.30am 08/05/2024 ? | |||||
| VUL (ASX) Chart |