OEX
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20.0% 0.6¢ oilex ltd

oex will fly today, where will it settle?, page-27

  1. unsinkable
    10,489 Posts.
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    22/07/14
    15:34
    Post #: 13696910
    Yes, that's exactly why I prefer options...

    Buy 350,000 shares for $56k and if OEX aren't successful share price goes back down to say 3c... 350,000x0.03= $10,500 (loss of $45,500)

    Buy 350,000 options for $11,000, loss of $11,000 if not successful... If OEX are successful then there is more leverage with options...

    Go figure...
    OEX Price at posting: 16.2¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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