Strike price is 30c mate --- so basically when SP is $1 - oppies most likely be 30c less.
Leverage is the advantage though. Someone posted a good example here last week.
LRVO, page-62
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37.0¢ |
Change
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Mkt cap ! $104.7M | |||
| Open | High | Low | Value | Volume |
| 33.0¢ | 38.0¢ | 31.5¢ | $2.392M | 6.815M |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 17263 | 36.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 37.0¢ | 189436 | 6 |
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