Mmm... The options look expensive - even with two years to run.
Traders are willing to pay 2.4 cents of time value that will only pay off when the stock has rallied another 7.4 cents. If I was confident that GLF will eventually trade above 12.4 cents (which I am) I would be inclined to buy the underlying outright.
Afterthought: Buying GLF and selling GLFOB is not a bad trade. The downside is -2.6 cents, the upside is 7.4 cents. That is not a bad risk return profile.
one to watch in 2011, page-166
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Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.794M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2349999 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 2848544 | 3 |
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| Last trade - 16.12pm 11/10/2024 (20 minute delay) ? |
| CMD (ASX) Chart |
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