Hi s4,
Imagine the following example:
LML 33c
LMLO 10c
LML 65c
LMLO 35c (65-30c exercise price, which is a reasonable estimate to have)
In the above example, a person who held LML from 33-65c would have made a 97% profit.
A person who instead held LMLO from 10-35c would have made 250%
So even though the underlying security has doubled, the option is leveraged and any appreciation is magnified.
leverage on oppies, page-19
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.33M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 34 | 16263284 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 4625386 | 11 |
View Market Depth
| Last trade - 16.12pm 11/10/2024 (20 minute delay) ? |
| LML (ASX) Chart |
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