You can hold me to this, i really think the theory is worth the shot:
Take notice of what happens next time the Options go into the money by .002 or .003c.
IE, wait for eg,
when the OPT is 4.1c and the Ssare is at 4.3, 4.4 cents or thereabouts.
I predict that this will trigger the buys and a rally will ensue, as both Options and sharesprice chase eachoters heads and tails and try to level-out eachothers price overhang...that is when the price stepping becomes skating and we see what we saw a couple of times in the last month.
Just a personal prediction: wait til the Options are in the money by .002-.003 and we will see a rally due to intersuisse and other buy triggers.
At the moment, the options and their trading volume seem fairly entrenched within their current price range and remain out of the money (one creates the other).
L
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Last
0.4¢ |
Change
0.001(16.7%) |
Mkt cap ! $11.10M |
Open | High | Low | Value | Volume |
0.3¢ | 0.4¢ | 0.3¢ | $1.515K | 504.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
43 | 13357839 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 11826592 | 27 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
41 | 13339839 | 0.003 |
17 | 12832678 | 0.002 |
10 | 17300024 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 11099510 | 26 |
0.005 | 5651603 | 28 |
0.006 | 5239567 | 10 |
0.007 | 2764837 | 7 |
0.008 | 482213 | 5 |
Last trade - 15.57pm 28/06/2024 (20 minute delay) ? |
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