I don't think the stock price needs to move for the options to appreciate.. They are vastly undervalued at the current stock price given the temporary imbalance in supply and demand due to the recent issue (black and scholes places them at .05 with a conservative 40% volatility).
As soon as the non-sophisticated selling dries up i believe we'll see bargain hunters swooping in.
I don't think the stock price needs to move for the options to...
Add CXZ (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
2.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $26.10M | |||
| Open | High | Low | Value | Volume |
| 2.9¢ | 2.9¢ | 2.9¢ | $1.609K | 55.47K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1223527 | 2.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.0¢ | 601811 | 2 |
View Market Depth
| Last trade - 15.58pm 02/05/2024 (20 minute delay) ? |
|
|||||
|
Last
2.9¢ |
Change
0.000 ( 3.57 %) |
||||
| Open | High | Low | Volume | ||
| 2.9¢ | 2.9¢ | 2.9¢ | 149556 | ||
| Last updated 15.58pm 02/05/2024 ? | |||||
| CXZ (ASX) Chart |