SVL 1.52% 16.8¢ silver mines limited

What about Options (SVLOB)?, page-14

  1. 5,541 Posts.
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    That makes no sense at all to suggest the option could reach the same price as the head share.
    it's an option to purchase the head head share, you pay 6c for the privilege of delayed settlement, if they are ever the same price you buy the head.
    The option carries an outstanding balance of 6c to pay on conversion.

    Options often do carry a premium particularly if long dated, as the potential % gains are often far greater but so too are the losses if it goes west.

    The underlying macros suggest strongly this is a great buy the dip opportunity as nothing has changed out there and is very unlikely to for years to come, and in this scenario, yes the SVLOB options with a 2021 strike of 6c are where the action is in my opinion.
 
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