ok, so if you buy 1 option at half a cent (current) and share price say hits 10c before expirey and you want to take advantage of your option you will have to pay 5c to convert that option into a share before you can sell the share at a profit
Or you could sell the option just like you bought it in this scenario, most likely at a profit, as long as it is before expirey.
example.
1 option bought at 0.5c then executed for 5c = 5.5c total cost for the process to receive 1 share, then if you sold the share at 10c SP it would = 4.5c total profit per option (specifically referencing the scenario described above)
hope this helps
- Forums
- ASX - By Stock
- MGT
- MGTOC MGTOD Options
MGTOC MGTOD Options, page-4
-
- There are more pages in this discussion • 271 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MGT (ASX) to my watchlist
(20min delay)
|
|||||
Last
38.0¢ |
Change
0.010(2.70%) |
Mkt cap ! $37.40M |
Open | High | Low | Value | Volume |
37.5¢ | 38.0¢ | 37.0¢ | $10.34K | 27.66K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 106900 | 37.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
38.0¢ | 6570 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 106900 | 0.370 |
1 | 2500 | 0.365 |
3 | 18500 | 0.360 |
2 | 31267 | 0.355 |
2 | 22000 | 0.350 |
Price($) | Vol. | No. |
---|---|---|
0.380 | 6570 | 1 |
0.385 | 5000 | 1 |
0.390 | 2785 | 1 |
0.395 | 7590 | 1 |
0.410 | 82548 | 4 |
Last trade - 15.16pm 06/06/2024 (20 minute delay) ? |
|
|||||
Last
38.0¢ |
  |
Change
0.010 ( 2.70 %) |
|||
Open | High | Low | Volume | ||
37.5¢ | 38.0¢ | 37.0¢ | 20648 | ||
Last updated 15.59pm 06/06/2024 ? |
Featured News
MGT (ASX) Chart |