SGC 25.0% 0.6¢ sacgasco limited

I am holding 700 thousand options (11k) which I purchased...

  1. 39 Posts.
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    I am holding 700 thousand options (11k) which I purchased between 1.5 and 1.8c and realise it is a premium to the market price but it has 4 months time decay left so it only needs to get to 6c and I am up and I have a bit of faith in this stock once we get through Aug/Sep. No rewards without risk and I have shares as well. It is more essential to get the timing right with options but they can make enormous sums of money if purchased cheaply enough and with enough potential to multi bag from their current 1.3c or thereabouts. Options trading is not for everybody, but for those who understand them, they are much safer than futures trading in that you can only lose your initial investment and not everything. I don't mind a bit of a punt on the options and accept that they are not for the risk averse or those who cannot afford to lose money. For people worried about risk then buying the shares and forgetting all about them for a couple of years and revisiting again in 2025 is one method and far less stressful. Definitely not watching the day to day movements of whether they went up or down a half cent during the session. Just my opinion and everyones an adult who makes their own choices in life.
 
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Last
0.6¢
Change
-0.002(25.0%)
Mkt cap ! $4.678M
Open High Low Value Volume
0.6¢ 0.6¢ 0.5¢ $73.47K 13.04M

Buyers (Bids)

No. Vol. Price($)
14 9146824 0.5¢
 

Sellers (Offers)

Price($) Vol. No.
0.6¢ 3756831 9
View Market Depth
Last trade - 16.10pm 02/05/2024 (20 minute delay) ?
Last
0.6¢
  Change
-0.002 ( 31.3 %)
Open High Low Volume
0.6¢ 0.7¢ 0.5¢ 5913141
Last updated 15.36pm 02/05/2024 ?
SGC (ASX) Chart
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