What is dddo?, page-2

great. DDD share price is 0.7 cents. great. i did not notice

DDDO are options, exercisable at $0.007 (0.7 cents) expiring on 17 December 2019

the intrinsic value of DDDO is the DDD share price less the DDDO exercise price, which equal zero cents at the moment

for example, if DDD was worth 0.9 cents, the DDDO intrinsic value would be 0.2 cents (i..e, 0.9 cents less 0.7 cents)

however, because DDDO offers "leverage", they are worth more than their 'intrinsic  value'

0.3 cents is a reasonable price for DDDO but not "cheap"

if DDDO is "exercised" by paying the exercise price of 0.7 cents, one DDD share is received in return. you are paying 1 cent for a DDD share

i will explain "leverage" in my next post