Hi, I think this might fit in here. My only existing exposure to options is when they came as attached option as part of an IPO or cap raise. I understand the basic principles of intrinsic value of an option (which in those instances would be call options, as I understand it).
To better understand this, I've been looking at the (newly redesigned) CBA option page within CMC Markets Invest (the share trading platform, not the pro/CFD platform).
I've got a few questions:
* Is there information encoded in the Code or are those relatively random? * What is Theo? It seems to be close to but not quite the intrinsic value (Last sale - strike price). If that were true, it would need to be negative (or 0) for puts. * What is Opt Int? * What is SPC * What is the E / A next to stroke price?
Thanks
CBA Price at posting:
$179.90 Sentiment: None Disclosure: Not Held
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