MOY 0.00% 5.1¢ millennium minerals limited

Buckland,Example, if you thought the SP was going to be 5 cents...

  1. 373 Posts.
    Buckland,

    Example, if you thought the SP was going to be 5 cents by the end of the year, and you had $1,000 to invest you would buy the options.

    With $1.000 and SP 3.5cents you would buy 28,571 of them
    If the SP got to 5 cents (as was your investment plan) you could sell those shares for $1,428, a profit of $428 or 42.8%.

    Buying the options at .005 you would get 200,000, when the SP was 5 cents the options would be 2 cents, selling for $4,000, a profit of $2,000 or 100%

    Just depends where you believe the SP will be prior to the options expiring.

 
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