I'm not usually one to let my strategy out of the bag……but yes I agree Menza, sure the opts aren't in the money at present, but it has been pretty slow going accumulating them at these levels I have to say, so a top up today was welcomed! Did Herm sell…lol,
Anyway….@ .6 x2 + '0' premium + 2cps exercise price = 3.2cps target SP (theoretical doubling of opts value), current SP = 1.9 x2 = 3.8cps, so what is the better buy? What happens 'if' SP goes even higher over the next 12 months…….
Someone bought 2 million recently @ .7…….and someone else looks happy to flip their 1 million they collected today @ $1k profit, so looks like there are trading and long term opportunities at this level?
All depends if you are a believer, and depends on your risk appetite I guess. DYOR
- Forums
- ASX - By Stock
- CL8
- CL8O - anyone game enough?
CL8O - anyone game enough?, page-2
-
- There are more pages in this discussion • 24 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CL8 (ASX) to my watchlist
|
|||||
Last
1.1¢ |
Change
-0.001(8.33%) |
Mkt cap ! $2.952M |
Open | High | Low | Value | Volume |
1.3¢ | 1.3¢ | 1.1¢ | $24.07K | 1.896M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 202931 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.4¢ | 374568 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 202931 | 0.011 |
3 | 1482485 | 0.010 |
1 | 200000 | 0.009 |
2 | 121000 | 0.008 |
1 | 200000 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 374568 | 3 |
0.015 | 94000 | 2 |
0.016 | 505674 | 2 |
0.017 | 101771 | 1 |
0.018 | 98000 | 1 |
Last trade - 15.50pm 04/09/2024 (20 minute delay) ? |
Featured News
CL8 (ASX) Chart |