leverage is much greater with options and so is the risk profile I'd expect the gap to close well below 3.5 cents with the shares as there is still 7 months to run.
If you can buy 50% more options than shares and the share price rockets it doesn't take long for you to be ahead.
7.5 share $10k will buy 133333 shares
or
4 cent options 250,000 options
at 10 cents shares are worth $13.33k
options are worth at least 6.5 cents + 3.5 cents exercise price when share price is 10 cents and therefore worth at least $16250k
and it only gets better the gap the more the share price goes up
This Train at stoppin till 6.5 cents then express to 9.5 Cents - Stand Clear Please, page-66
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Last
3.2¢ |
Change
0.002(6.67%) |
Mkt cap ! $107.8M | |||
| Open | High | Low | Value | Volume |
| 3.1¢ | 3.3¢ | 3.0¢ | $90.72K | 2.927M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1456582 | 3.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.2¢ | 1279469 | 5 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| MAY (ASX) Chart |