I have a question regarding options.
Someone in a forum suggested checking out TRFO and ERNO, so I went along to the ASX site to check out the graphs, recent prices etc. My questions are:
* How do I know what the exercise value is? ie: does it cost me 20 cents to exercise, 25 cents? I know you can pretty much calculate it (the difference between TRF and TRFO I'm assuming), but it would be nice to know if there was over or underpricing happening
* What type of options are these (I think these are the free/bonus options that you get a few months after the initial issue of shares)? Are these what are called "exchange traded options?"
Thanks for your help everyone!