LRS 3.95% 19.8¢ latin resources limited

LRSOB - Options Underpriced, page-6

  1. 88 Posts.
    lightbulb Created with Sketch. 9
    With the heads trading at $0.014 then the options of LRSOB are in the money to the tune of $0.004. For some reason still trading at $0.003. Options theory suggests it should be just shy of ~$0.007 (see link below). I have loaded up and suggest others do if they want an arbitrage opportunity and relatively easy money. Why would you buy the heads at $0.014 when you can buy the same in the money at $0.004 options with limited downside and the same upside?

    https://www.mystockoptions.com/blac...=14&x=10&t=1.5&r=4%&v=75%&calculate=Calculate
 
watchlist Created with Sketch. Add LRS (ASX) to my watchlist
(20min delay)
Last
19.8¢
Change
0.008(3.95%)
Mkt cap ! $560.2M
Open High Low Value Volume
19.0¢ 19.8¢ 18.8¢ $3.124M 16.19M

Buyers (Bids)

No. Vol. Price($)
39 1389677 19.5¢
 

Sellers (Offers)

Price($) Vol. No.
20.0¢ 1820472 14
View Market Depth
Last trade - 13.29pm 07/11/2024 (20 minute delay) ?
LRS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.