NVA 2.70% 19.0¢ nova minerals limited

1. Just in simple terms view the option price as trailing the...

  1. 167 Posts.
    lightbulb Created with Sketch. 4
    1. Just in simple terms view the option price as trailing the head price by the strike price. E.g.. If nva is 10c.. Nvao will be circa 6.8 - 7 c is.. In practise.. Add a time premium to the nvao based on its remaining life..
    2.. Strike price is the amount per share you pay the co to convert each nvao into a fully paid up nva share anytime before the expiry..
    3. To appreciate the leverage gained in nvao over nva. Look at the % increases at close which will reveal gain on the day.. If both heads and options rise 2c.. The option % increase is larger.. This difference diminishes as the head price becomes larger multiples of the nvao strike price..
    ..
    Just my 2 bobs worth..

    Glta holders.. Shes smokin..
 
watchlist Created with Sketch. Add NVA (ASX) to my watchlist
(20min delay)
Last
19.0¢
Change
0.005(2.70%)
Mkt cap ! $40.86M
Open High Low Value Volume
18.0¢ 19.0¢ 17.8¢ $63.16K 346.9K

Buyers (Bids)

No. Vol. Price($)
1 7633 18.0¢
 

Sellers (Offers)

Price($) Vol. No.
19.0¢ 93561 1
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
NVA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.