LOM 0.00% 6.7¢ lucapa diamond company limited

LOMOB, page-65

  1. 640 Posts.
    lightbulb Created with Sketch. 3
    Your math is actually wrong!

    You are all missing Zippy's point.
    Assume no time premium as is occurring.
    LOM: 0.40 x 10,000 = $40,000 (It is $4000 not $40,000)
    LOMOB: 0.10 x 100,000 = $10,000

    Now if LOM dropped to 0.30, then calc is:
    LOM: 0.30 x 10,000 = $30,000 (It is $3000 not $30,000)
    LOMOB: 0.00 x 100,000 = $0

    So it actually plays out as follows:

    Now if LOM dropped to 0.30, then calc is:
    LOM: 0.30 x 10,000 = $3,000
    LOMOB: 0.00 x 100,000 = $0
    Hence:
    LOM Loss = $1,000.0
    LOMOB Loss = $10,000.0


    not

    "Loss
    LOM: $40,000 - $30,000 = -$10,000 loss
    LOMOB: $10,000 - $10,000 = -$10,000 loss"

    So you would lose on options your entire investment without a chance to recoup it while on heads you are still in the game.

    I cant believe you get 7 likes for wrong math.

    Peeps, you need to be careful, stick around and lom will pay off for sure in my opinions, in short term i am uncertain.
    Last edited by calcrisktaker: 19/02/16
 
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