re: oppies although towie can you explain this..
Oppies currently 2.4c
2.4 X 40 = 96c
Strike price 4.6c
4.6 X 40 = 184c
Heads 5.7c
5.7 X 40 = 228c
so if I buy 100k oppies at 2.4c = $2,400
post tomorrow I have 2,500 at heads minus strike price = 42c X 2,500 = $1,050
In other words my $2,400 becomes $1,050 overnight.
Doesn't look so sexy like that
EB
re: oppies although towie can you explain this..Oppies currently...
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