Probably not. The fair price for an option is a combination of the difference between the strike price (34 cents for ARUO) and current share price (66 cents, for a difference of 32 cents) and a premium or discount based on the trader’s estimate of how the share price will change between now and the option expiring. It’s not a question of how many options are out there.
As the expiration date approaches, the price that options trade at will be close to that difference I mentioned. After all, if the option is being sold at a premium, you’d just buy on market. Conversely, if the buyer is offering less, you’d convert and sell the share on market. There’s more room to buy or sell at a premium or discount when expiration is a while away; but even then, the above still holds true to an extent.
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Probably not. The fair price for an option is a combination of...
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Last
20.0¢ |
Change
0.005(2.56%) |
Mkt cap ! $467.8M |
Open | High | Low | Value | Volume |
20.5¢ | 21.0¢ | 19.8¢ | $1.700M | 8.380M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
27 | 1064223 | 20.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.5¢ | 1652280 | 49 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
29 | 1248940 | 0.200 |
38 | 2806367 | 0.195 |
77 | 3085376 | 0.190 |
68 | 2245726 | 0.185 |
94 | 2990440 | 0.180 |
Price($) | Vol. | No. |
---|---|---|
0.205 | 1436694 | 46 |
0.210 | 2126812 | 42 |
0.215 | 747512 | 22 |
0.220 | 326270 | 15 |
0.225 | 376474 | 6 |
Last trade - 14.21pm 27/05/2024 (20 minute delay) ? |
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Last
20.0¢ |
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Change
0.005 ( 2.20 %) |
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Open | High | Low | Volume | ||
20.8¢ | 21.0¢ | 19.8¢ | 4813589 | ||
Last updated 14.41pm 27/05/2024 ? |
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