BKT 5.00% 3.8¢ black rock mining limited

Difference between BKT and BKTOD, page-29

  1. 28,706 Posts.
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    the options themselves may be 'in-the-money'. that is, exercising the options is cheaper than buying shares on market

    MNSO options have a strike price of 10 cents. MNS is currently priced at 65 cents

    MNSO traded as high as $1

    if you bought MNSO at $1, you are out of the money (even though the options themselves are in-the-money)

    there is a difference between when the options & you are in or out of the money

    who cares about the definitions

    the point of the thread was to educate the newbie, who was educated

    ***
    but, yes, the options were not out of the money when the share price was above 7.5 cents but that was not my intention when explaining

    Last edited by ddzx: 03/05/17
 
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