BIT 0.00% 3.6¢ biotron limited

There is still plenty of liquidity, OA's have nearly turned over...

  1. 3,850 Posts.
    lightbulb Created with Sketch. 146

    There is still plenty of liquidity, OA's have nearly turned over 20M a day for the last two weeks.


    The arbitrage provides it and will do so until probably the end of the month.


    Just say I have 100K heads (Ordinary shares) that I offload at 17,5. I then go buy 100K tails (options OA's at 9.5.


    If I always want to hold 100K then I have made a tidy profit for doing nothing.


    November 30 is exercise date so plenty of time.


    Cheers





 
watchlist Created with Sketch. Add BIT (ASX) to my watchlist
(20min delay)
Last
3.6¢
Change
0.000(0.00%)
Mkt cap ! $34.28M
Open High Low Value Volume
3.6¢ 3.9¢ 3.6¢ $41.91K 1.153M

Buyers (Bids)

No. Vol. Price($)
1 15824 3.6¢
 

Sellers (Offers)

Price($) Vol. No.
3.7¢ 27680 1
View Market Depth
Last trade - 12.29pm 27/06/2024 (20 minute delay) ?
BIT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.