Why convert?
I bought options some months ago when the SP was up and paid 0.02 per option. As the SP kept dropping I felt I had to pay the exercise price (another 0.02) and realise the (50%) loss as the Option market buyers dried up quickly. I seem to recall buy offers in October and November being around the 0.01 per option mark and from there buy offer depth evaporated. Buyers were offering 0.007 in the last few weeks.
If I didn't exercise the options I would have either sold them at a significant loss or lost the money altogether.
I chose to exercise and put the AVL shares in a drawer til I realise a profit which is the unknown.
A 'bear market' learning for me. Options can make you a forced buyer.
AVL Chart, page-2900
-
- There are more pages in this discussion • 134 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AVL (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.5¢ |
Change
0.001(3.57%) |
Mkt cap ! $129.4M |
Open | High | Low | Value | Volume |
1.4¢ | 1.5¢ | 1.4¢ | $52.40K | 3.784M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 732993 | 1.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.5¢ | 12029488 | 22 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
20 | 3787523 | 0.018 |
8 | 2387728 | 0.017 |
8 | 2791875 | 0.016 |
11 | 2263500 | 0.015 |
2 | 500000 | 0.013 |
Price($) | Vol. | No. |
---|---|---|
0.019 | 862281 | 2 |
0.020 | 404607 | 6 |
0.021 | 598625 | 6 |
0.022 | 1380000 | 5 |
0.023 | 2654010 | 7 |
Last trade - 11.42am 25/11/2024 (20 minute delay) ? |
Featured News
AVL (ASX) Chart |
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Andy Udell, CCO
Andy Udell
CCO
SPONSORED BY The Market Online