I think people need to check their definition of in the money. The initial 1cent cost is a sunk cost. if u were to decide to exercise the option you wouldnt take into account what u initially paid. just weigh up is it cheaper to buy on market or exercise. It does not mean you will profit though.@ 1.20 it will on the money. Above that is in the money
Why?, page-54
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10.0¢ |
Change
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Mkt cap ! $318.7M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.0¢ | 9.9¢ | $2.282M | 22.18M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 700639 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 982989 | 17 |
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