It doesn't matter that you have 'So Many' as you DON'T have to exercise ANY....
If you paid .002c for the Options and the Shares Go Up....The options will Go Up Too.....If the Options then Go to .003c You can Sell them all and make 50% Profit.....
There are 2 choices for Options -Exercise them by paying the 'Strike Price' OR just Trade them exactly like a Share But for a Limited Time Only.You Buy and Sell Options on market like a Share but are influenced by the Share Price,and the Time Left...Or exercise them if they have Passed the .5c and are worth Converting.
You can of course do a bit of both....If the options got to .004c sell half to get your Money Back,then Free carry the other Half.....Whatever.....You Don't have to Hold Options until Expiry you can Sell them Any Time Prior to that date at Market Price.
It doesn't matter that you have 'So Many' as you DON'T have to...
Add LU7 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.4¢ |
Change
-0.001(6.67%) |
Mkt cap ! $8.314M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.5¢ | 1.4¢ | $18.54K | 1.296M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1298732 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 100000 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| LU7 (ASX) Chart |