Hi all, this may have been covered earlier but before I take up the options offer I'd like to show how much of a newb I am and clarify how they work please.
Am I right in saying that the options bought at 2 cents can only be sold once the share price gets to 20 cents, also the option shares will only return my money back once the SP reaches 22cents?
Every 2 cents over 22 cents means I'm doubling my return on the options?
Thanks
stock option advice pls
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40.5¢ |
Change
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Mkt cap ! $588.3M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6880 | 40.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 40.5¢ | 85353 | 3 |
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