Quarterly report pursuant to Section 13 or 15(d)

Warrant Liabilities (Details)

v3.8.0.1
Warrant Liabilities (Details)
6 Months Ended
Apr. 01, 2018
Optex Common Shares (OPXS) 3.4 Year History from 11/7/2014 [Member]  
Volatility 162.40%
Optex Common Shares (OPXS) Trading History From 8/29/16 (1.6 Years) [Member]  
Volatility 66.30%
Optex Warrants (OPXXW) Implied Volatility Based On 3/29/18 Closing Price [Member]  
Volatility 65.10% [1]
Similarly Traded Equities, 3.4 Year History From 11/7/2014 [Member]  
Volatility 92.50% [2]
Lowest Volatility 53.60% [2]
Highest Volatility 121.90% [2]
[1] Implied volatility rate for OPXXW assuming Interest rate for U.S. Treasury Bonds of 2.39%, term of 3.4 years and OTC market closing price of $0.38 per warrant on 3/29/18.
[2] The average 3.4 year historical volatility across the 5 similarly traded companies is 92.5%, the lowest volatility and the highest volatility is for a single company within the range of 5 similar traded companies.