Thanks elphamale for another excellent post.
I am new to this game and an absolute amateur. I do however have a reasonable understanding about mathematics. I subscribed to the share issue and got my oppies. Like you I thought at .008 the oppies were
too expensive and I sold mine and bought shares @ 0.027. Since then I have been doing some research on options and have been playing around a bit with the Black Scholes formula. It appears to me, and I may be completely wrong , that the options are a better investment than the shares. According to Black Scholes roughly speaking for every rise of .001 cent in the shares the options will rise by .0005 or 50% of the rise in the shares. But if I sell the shares I can buy 3 options for every share sold. Therefore if shares rise by .001 the equivalent rise in the options is .0015 and therefore I am 50% better off. I convinced myself to sell my shares again and bought back the options @ 0.009. I do realise that if there is no rise in the shares the options will ultimately be worth nil , but I am prepared to take that risk.
Where am I wrong. Please help.
- Forums
- Charts
- XPE Charts
Thanks elphamale for another excellent post. I am new to this...
-
- There are more pages in this discussion • 1,554 more messages in this thread...
This thread is closed.
You may not reply to this discussion at this time.
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OAK (ASX) to my watchlist
(20min delay)
|
|||||
Last
6.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.862M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 88627 | 6.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.5¢ | 2817 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 88627 | 0.062 |
1 | 20100 | 0.061 |
1 | 86000 | 0.055 |
1 | 55000 | 0.053 |
1 | 13890 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.065 | 2817 | 1 |
0.070 | 20890 | 1 |
0.071 | 200 | 1 |
0.086 | 93 | 1 |
0.105 | 1524 | 1 |
Last trade - 16.12pm 13/09/2024 (20 minute delay) ? |
Featured News
OAK (ASX) Chart |
Day chart unavailable
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online