If ARU opens @ $0.90 then the options should open at least $0.80. Given the conversion price is now $0.13 (not $0.20 since demerger).
Even then the time factor is only 3 cents. Not bad for something that has got 15-months to conversion date.
Excellent leverage in my mind!!!
If ARU opens @ $0.90 then the options should open at least...
Add ARU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
17.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $425.0M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.5¢ | 17.0¢ | $279.3K | 1.641M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 542548 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 2804081 | 28 |
View Market Depth
| Last trade - 12.49pm 04/10/2024 (20 minute delay) ? |
| ARU (ASX) Chart |