The premium is to get 3-4 times leverage for when the SP recovers.
Options traded at a discount during the previous rise, pricing options isn't always as simple as cost + strike/conversion. You are purchasing based on an expected future value.
You obviously don't understand how options work.
The premium is to get 3-4 times leverage for when the SP...
Add SUM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
23.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $19.39M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 23.0¢ | 21.5¢ | $53.19K | 239.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 46317 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 29483 | 3 |
View Market Depth
| Last trade - 14.12pm 03/10/2024 (20 minute delay) ? |
| SUM (ASX) Chart |