The options were overpriced with too much of a premium to heads. Eventually the gap narrows. With the heads struggling to hold 8 cents the options are fair value around 2.5c - 3c.
Many experienced option traders will not buy ops with less than 6 months to expiry.
Just saying? run of news and blows theory.
CR8 Chart, page-888
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.608M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 39 | 25188811 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 3016592 | 8 |
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| Last trade - 16.12pm 29/08/2024 (20 minute delay) ? |
| ODE (ASX) Chart |
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