"So at 6 cents per option. It's saying MTM has to/will go to 31 cents for them to be in the money. if you buy them today. How much more leverage can you get. 11 cents more needed for MTM. 25 Cents plus 6 cents. Options were great I got heaps for free and some for 2 cents. I've free free free carried them now. Looking to buy more heads getting out of options if you have to could be difficult as MTM price does need a quick test of 15.5 cents first though."
no, I don't think I've twisted what you said, and the above was what you said. It's clearly shows that you think options at 6c is overvalued as you think MTM will not be 31c (for the option to be in the money by expiry date), and worried about the leverage on option, at the same time you want to sell or sold more options to by more MTM and you want to buy at 15.5c.
Now, lets look at the leverage of option. MTMO at 6c and MTM at 19.5c, it's 3.25:1
MTMO ATH and ATL was at 26/04/22 and 28/03/23 26/04/22, MTM 20.5c and MTMO 10c, it's 2.05:1 28/03/23, MTM 10c and MTMO 1.5c, it's 6.66:1
MTM ATH and ATL was at 08/04/22 and 17/02/23 8/04/22, MTM 22.5c and MTMO 7.5c, it's 3:1 17/02/23, MTM 7.3c and MTMO 1.6c, it's 4.56:1
so base on the historical data we can see the leverage is in between 2.05:1 to 6.66:1 current leverage is 3.25:1 is still within the historical range
MTM Price at posting:
19.5¢ Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)