For 17 months to go (July 23, right?), and price 20% away from strike, you may get to $0.01 price for the call with a 50% vol. To get $0.018, you need something like 130%. It's just a number, it does not mean much in the context of an illiquid stock/jumpy stock. Difficult to say if they are fairly valued. If I was a market maker, I wouldn't want to offer them where I could be under water on a hear beat upon a positive news. And I wouldn't buy them just to see the intrinsic value collapse. I guess I am saying the bid offer should be so much wider. $0.005 - $0.025. Yeah, I wouldn't trade much, I know... It's really just a leverage play on a good news.
It's just the beginning for Spenda!, page-212
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Last
0.9¢ |
Change
0.001(12.5%) |
Mkt cap ! $38.92M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.9¢ | $0 | 15 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 608050 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 7037052 | 21 |
View Market Depth
| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
0.9¢ |
Change
0.001 ( 6.25 %) |
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| Open | High | Low | Volume | ||
| 0.9¢ | 0.9¢ | 0.8¢ | 233565 | ||
| Last updated 15.37pm 17/05/2024 ? | |||||
| SPX (ASX) Chart |