Massive buy volume of over 12 million with less than 200 thousand up for sale. One buy of less than 20K would take out the entire sell side. Think of the leverage these options have - with a convert price of $2, the expectation is that the heads will be at least over that. If the heads get to $2.50, then the options will have multibagger all over it. I reckon the options may hit 20 cents today. DOW up 260 points and yesterdays 500% rise will have come up on many scans last night. Many more will see that at 12 cents, these are a bargain. Nearly 100 thousand oppies went through at 12 at the close auction yesterday. Shows confidence as only a half hour before some were sold at 10 cents. Obviously the buyer did not want to wait to today and take the risk of having to pay higher.
Good luck all. i topped up on options yesterday and am anticipating an early pay day!!
options to push up today..greeeeen....
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Last
$1.58 |
Change
0.020(1.29%) |
Mkt cap ! $3.593B | |||
| Open | High | Low | Value | Volume |
| $1.58 | $1.59 | $1.56 | $7.607M | 4.822M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 33174 | $1.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.58 | 26329 | 2 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$1.58 |
Change
0.020 ( 1.08 %) |
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| Open | High | Low | Volume | ||
| $1.57 | $1.59 | $1.56 | 1700115 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| BPT (ASX) Chart |