From a trading perpective the profit and time lost on conversion, might not compensate for the money made while trading this day by day.
Today for instance provided an easy opportunity to sell at 19ish resistance and get in lower.
There will be many more opportunities like that in the next few days or weeks, so why lock your money away while your options ere being converted?
And as always you can get out of the heads a lot quicker and easier when appropriate.
Traders only hold options to pass them on, or at least they should! :)
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Last
24.5¢ |
Change
-0.005(2.00%) |
Mkt cap ! $357.7M | |||
| Open | High | Low | Value | Volume |
| 25.0¢ | 25.0¢ | 24.0¢ | $419.2K | 1.737M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 301706 | 24.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.5¢ | 28117 | 2 |
View Market Depth
| Last trade - 16.10pm 04/07/2025 (20 minute delay) ? |
| IMM (ASX) Chart |