BIT 0.00% 3.0¢ biotron limited

BITOA & BITOB oppies at it like BIT225, page-147

  1. 34,338 Posts.
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    Discount usually happens due to high volatility and duration.
    BITOA, expires 30 November 2018, so short duration, 1-2c discount is reasonable, currently trading at 20c + 6c exercise = 26c (5c discount to head 31c)

    BITOB, expires 12 December 2019, 13 months duration, currently trading at 22.5c + 5c exercise = 27.5c (3.5c discount to head 31c, usually should be trading at premium due to long duration)
 
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