If you have $6000 to spend
you could have bought either eg 300k of DXN at $0.02 or from memory about 1M of DXNOD
now let’s fast forward to this hypothetical 5c SP
The shares would be worth $15k, total $9k profit
the options would be worth approx $24k, total $18k profit
the value of the option is very roughly worked out at the current SP less the buy price of the option, and the exercise price combined.
the reason the options made more is due to the greater leverage provided
not advice and DYOR.... I’ve had a couple beers so it’s possible the math is out so don’t crucify me. But the facts still prevail in such a scenario
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Last
2.6¢ |
Change
0.001(4.00%) |
Mkt cap ! $4.807M |
Open | High | Low | Value | Volume |
2.6¢ | 2.6¢ | 2.6¢ | $610 | 23.46K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10700 | 2.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.8¢ | 70000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10700 | 0.025 |
3 | 250244 | 0.024 |
1 | 10000 | 0.023 |
2 | 122727 | 0.022 |
1 | 100000 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.028 | 70000 | 1 |
0.029 | 160358 | 3 |
0.030 | 15405 | 2 |
0.031 | 66667 | 1 |
0.037 | 46667 | 1 |
Last trade - 15.13pm 03/05/2024 (20 minute delay) ? |
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