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Bullboard - Stock Discussion Forum Peyto Exploration & Development Corp T.PEY

Alternate Symbol(s):  PEYUF

Peyto Exploration & Development Corp. is a Canada-based oil and natural gas company. The Company conducts exploration, development and production activities in Canada. It is a Canadian energy company involved in the development and production of natural gas, oil and natural gas liquids in Alberta’s deep basin. The Company’s total Proved plus Probable reserves are 5.6 trillion cubic feet... see more

TSX:PEY - Post Discussion

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Post by shenty46 on Nov 06, 2023 10:07am

I increased

I increased my position to 540calls(54000shares) by buying additional 40 calls today of strike price 13 sep 24. Slowly increasing my poisition further till i get 600 calls on every fall
Comment by cgyinv on Nov 06, 2023 1:42pm
Hi, try to learn option trade, if I understand correctly, today to buy Sept 24 $13 strike price will cost about $2.4, so you expect at least $15.4 share price in Sept 24 to make money?
Comment by auagntungsten on Nov 06, 2023 2:07pm
Add in the cost of purchasing the options and the cost when you exercise the options, basically you are right. You don't recieve any dividends till you own the shares.
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