If you feel that it will be 1.5c and you want to exercise then buy the heads today at 1c and you're 0.003 better off.
That's my point.
You buy options for the leverage, in that scenario you've gained no leverage.
Chart Chat, page-119
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Last
31.5¢ |
Change
-0.035(10.0%) |
Mkt cap ! $156.3M | |||
| Open | High | Low | Value | Volume |
| 34.5¢ | 34.5¢ | 30.5¢ | $367.9K | 1.165M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 205976 | 31.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.5¢ | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 19/08/2024 (20 minute delay) ? |
| CTM (ASX) Chart |