It's a pure arbitrage play.
Whenever the bid on the heads is 2.5cents more than the ask on the options,the player will sell the heads and then buy the options.
Then he'll exercise the options at 2 cents (exercise price) thus making 0.5 cents per share.
It's been happening for a few weeks.
Cheers
- Forums
- ASX - By Stock
- good time to get in
It's a pure arbitrage play.Whenever the bid on the heads is...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IMM (ASX) to my watchlist
|
|||||
Last
29.5¢ |
Change
0.015(5.36%) |
Mkt cap ! $428.5M |
Open | High | Low | Value | Volume |
28.5¢ | 30.5¢ | 28.0¢ | $833.4K | 2.824M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 388130 | 29.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
30.0¢ | 39940 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 270952 | 0.295 |
4 | 46150 | 0.290 |
5 | 90665 | 0.285 |
10 | 129639 | 0.280 |
6 | 212272 | 0.275 |
Price($) | Vol. | No. |
---|---|---|
0.300 | 36348 | 1 |
0.305 | 57701 | 5 |
0.310 | 236689 | 5 |
0.315 | 110917 | 5 |
0.320 | 130000 | 3 |
Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
Featured News
IMM (ASX) Chart |