Good one - pls let us know.
But why exercise now - lets say heads go to $5 sometime before exercise date (not unreasonable for SUM to do 10 bag from here if Sandro's 'Painted Garden' peg and others are the real deal - after all WA1 did 140 bags) then heads are worth $5 - up 5.00/0.460 = x10.9 but oppies are worth $4.75 - up 4.75/0.170 = x27.9.
So keep the oppies for a 28 bag win, instead of an 11 bager on heads. Thats the effect of leverage the oppies give you.
And here is another deal which is easier to play with oppies. Wait till they show good appreciation and sell enough to cover your initial investment - they are then free carried. Now their value on your screen is your profit, it can never become a loss. Very reassuring.
I don't give advice.
- Forums
- ASX - By Stock
- SUMO
Good one - pls let us know. But why exercise now - lets say...
-
- There are more pages in this discussion • 264 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SUM (ASX) to my watchlist
|
|||||
Last
27.0¢ |
Change
0.020(8.00%) |
Mkt cap ! $22.16M |
Open | High | Low | Value | Volume |
26.0¢ | 28.0¢ | 26.0¢ | $759.2K | 2.834M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 26.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
27.0¢ | 39788 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 0.265 |
4 | 192032 | 0.260 |
1 | 64440 | 0.255 |
4 | 79720 | 0.250 |
3 | 103001 | 0.245 |
Price($) | Vol. | No. |
---|---|---|
0.270 | 39788 | 3 |
0.275 | 21000 | 2 |
0.280 | 44619 | 3 |
0.285 | 67157 | 6 |
0.290 | 45281 | 3 |
Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
Featured News
SUM (ASX) Chart |