Thought I'd throw up a thread for those of us that hold the options DTRO
Watching the trading in them of late makes me wonder if a few holders aren't understanding the leverage..
only need to see the last three months
I couldn't believe DTRO closed at 1.8c while head share 4c yet ex price is only 2c this means you can contact the company and get a form if you haven't already got one with purchase exercise them anytime till expiry which in DTRO case is 3rd AUG 2026 some 432 days away, so plenty time.
The time value of share options (stock options) is the portion of an option’s price (premium) that reflects the potential for the option to gain value before its expiration due to the time remaining until expiry. It’s one of two components of an option’s total value, the other being the intrinsic value...
At present, DTRO closed with ZERO premium, actually undervalued by .2, so like buying shares for 3.8c
I've always been a fan of share options as a way to leverage my investment into speculative resource stocks. Generally also still hold the head shares in case of CR payout T/O
One, you don't need to commit as much capital
You could buy twice as many DTRO than DTR,,, so
$100k you get 5mill DTRO (only 2.5mill DTRs)
Upside leverage..
If you're like me and think 10c will be hit this year
DTRO should at least be trading @ 8c = 300% return so $100k turns into $400k
DTR that $100k gets 2.5mill shares @ 10c worth $250k, still a great return ...but yes leverage should give some time value ... not at present look unvalued IMHO and why I picked up couple mill today
(20min delay)