KAI 3.85% 1.3¢ kairos minerals limited

KAIOG

  1. 374 Posts.
    lightbulb Created with Sketch. 19
    I'm just curious of the current behaviour of the KAIOG options. The strike price is 2.5c - and it still has a good 15 months before expiry.
    At close of trade today - Last Price of KAI was 5.4c and Last Price of KAIOG was 2.9c.

    The option currently at 2.9c + the strike price = 5.4c. That means there is no premium placed on the options at the moment.
    That is very odd to me. I've been playing options for a couple of decades and I haven't seen this very often at all.

    When an option is "in the money" as KAIOG is now, there is always a premium placed on the option price - dependent on the amount of time remaining before expiry. I would expect to see little or no premium on an option if there is just one or two months left before expiry, but with more than a year to go - I would think that the options would normally have at least one cent premium - meaning that instead of 2.9c, they really should be sitting around 3.8/3.9c.

    Anyone have any opinions?
 
watchlist Created with Sketch. Add KAI (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.