EMR 2.86% $3.96 emerald resources nl

Kray - do you actually understand how options work??? From your...

  1. 52 Posts.
    Kray - do you actually understand how options work??? From your comment it is obvious you don't and in fact, you are more the 'retarded one'. If EMR crashed to 13 cents, EMRO would still have a trading price of several cents (yes, maybe even 5 cents) as even though no one would ever want to exercise the options to buy EMR at 20 cents when they could pick them up at 13 cents, the options still have a substantial time value premium as they don't expire until May 2008 hence still lots of to enjoy the benefit of leverage of out-of-the-money options if EMR should take off in the future.
 
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