NVA 3.23% 16.0¢ nova minerals limited

Oppies equal opportunity

  1. 367 Posts.
    Guys,

    Right now the oppies are in the money. Delta will be close to 1 which means the oppies will move 1 for 1 to the stock price. For 1.3 cents - it's the equivalent to owning the stock.
    Better still, oppies lose two thirds of their time value in the last third of their life and these expire in 2020. If this stock runs into the 20's and it's looking possible, for 20k you may just be able to make 300k. Wow!!!
    Last edited by MNVO: 04/12/17
 
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15.5¢ 16.0¢ 15.5¢ $40.76K 260.7K

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17.0¢ 20036 1
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