Replies to post #639168 on NorthWest Biotherapeutics Inc (NWBO)

[QL300]

It’s possible but more likely once you hit double digits. I think the minimum price is $7.50 but not 100% sure. It’s up to the exchange whether or not to offer options. If it hit $10, options for the month would probably be offered in .50 increments. Leaps generally are usually January of the next 3 calendar years. May not be 100% accurate.

[Doc logic]

tryn2,

Very likely if NWBO stays independent and in partnership mode. Much about pricing will depend on production rate and ramp rate based on Sawston capacity to deal with off label and CRL Memphis agreement or other. Best wishes.

[JTORENCE]

tryn2 Of course you only got one response, because you are asking a ridiculous hypothetical question. No one gives a damn about calls /. puts at this stage. Get the damn share price up then ask the question.

[eagle8]

tryn,

I used to trade a lot in options (in Holland) and know something about it.

If options are introduced (which is very likely if they are listed on Nasdaq or Nyse), the exercise price will of course depend on the price at the time the options are introduced.
What is also important is the volatility of the share during that period.
The more fluctuation in the price (both up and down), the higher the price of the option.
Multi-year options also take this into account. If volatility decreases, the price of the option will decrease in the meantime. When increasing, the same is reversed. This is determined by the options traders. If volatility increases, the option price will increase in the meantime.
You can always sell your options at any time (before the expiration date).
The share price does not then have to be above the expiration price.

Example:
NWBO is listed on the Nasdaq with a PPP of $10 and is very volatile.
The potential is recognized and estimated to be enormous. The cash position is also of great importance. For example, the option trader will ask $1.50 for a 3-month option with strike price $12.50. 1 option then costs $150 and gives you the right to purchase 100 shares for a price of $12.50 (before the expiration date of course. You actually pay $12.50 + $1.50 = $14 per share. The price
is on or before expiration, for example at $25, then you have $11 profit per share.
You can then simply sell the option with a strike price of $10 to the option trader for $15. Next one more post.

[eagle8]

Continued Tryn.

You do not have to buy and sell the shares, but you trade the option.
Suppose you buy an option today with expiration January 2024 (term 3 months) exercise price $15 (assuming the price is now $10), for example, you pay a $1 premium (so your price is $100).
For example, if the price suddenly rises to $16 next week, your option ($1 in the money) will rise along with it and yield, say, $3 ($300).
You can then trade it on the options market at around that price.
If you wait until the expiration date, the price must be above $15, otherwise you will lose your investment.
With multi-year options you pay a higher premium because you have more time before expiration and the price therefore has longer to rise (or not).

I hope it's a bit clearer for you now, but too much at once is confusing.
If you have any specific questions about this, just ask me.

GLTU

[mike00h]

I"m sure when we uplist that we will see an active options market emerge.

If you have a good historical tool, you might be able to get some insight by looking at the options market for Google or Amazon in their first year of trading on a big board. Prices are anybody's guess at this point.