Why are you dividing 10 by .08??
VILO is a calculated risk given the expiry date.
You don't have to pay 10.8, you pay 10c. But in buying them you have already paid the .08. Hence a total cost per share of 10.8c.
Its an exercise in leverage. getting more units for your money now. But remember, for it to be worth while, VIL must be worth 10c plus before expiry.
Why are you dividing 10 by .08??VILO is a calculated risk given...
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