CNX 0.00% 7.4¢ carbon energy limited

Friday's Positive Candlestick, page-2

  1. 8,968 Posts.
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    This is just my opinion:
    But the fall from 10 cents to 5.1 cents is due to the large numbers (443m) of options exercisable at 6 cents and I dont think the charts can take this into account.

    Not sure what the heads sp needs to be for the options to be in the money.

    But to me I can not see the sp rising until all those option holders who maybe need to sell heads to cover the cost of exercising the options.

    Now I am not expert so would like others to comment

    dyor
 
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