No.
if you buy EYMOC at for example 0.017 you then need to convert those into shares by paying the exercise price of 0.02. Making your total outlay 0.037.
The plus with options is the leverage. You get exposure to the company at a much reduced price compared to heads. But they expire at some point...in this case April 2020 so the time premium on the options should be much higher than it is at the moment.
EYMOC is a bargain at these levels IMO
Options, page-3
Add PSL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.472M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1050000 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 21667 | 1 |
View Market Depth
| Last trade - 16.12pm 22/05/2024 (20 minute delay) ? |
| PSL (ASX) Chart |
Day chart unavailable