I think options will give the highest exposure to IMU upside, for a given downside ( $ invested).
The options exercise price is below the price IMU has been trading for the last 2.5 years, and with 3 years to be in the money. I think people consider those options a bet less risky than buying heads, as you can buy 3x more options than heads ,or pay 1/3 for a given exposure. In other words the option IMUOE seem a better investment than the heads.
This IMHO will put downward pressure pressure on IMU price and upward pressure on IMUOEs.
What are the more seasoned investors here think about the above?
I think options will give the highest exposure to IMU upside,...
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Last
8.2¢ |
Change
-0.003(3.53%) |
Mkt cap ! $600.2M | |||
| Open | High | Low | Value | Volume |
| 8.5¢ | 8.6¢ | 8.2¢ | $1.246M | 14.84M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 446526 | 8.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.3¢ | 535664 | 2 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
8.2¢ |
Change
-0.003 ( 2.38 %) |
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| Open | High | Low | Volume | ||
| 8.6¢ | 8.6¢ | 8.2¢ | 4518456 | ||
| Last updated 15.57pm 03/05/2024 ? | |||||
| IMU (ASX) Chart |