ds don't make it so bleeding obvious, page-24

aarg - you are not serious are you?

"However the share V options price is ridiculously non comparable.
RTM 0.034 RTMO 0.013
RRS 0.051 RRSO 0.012

I dont understand it, seems bloddy crazy to me."

After lecturing me a few days ago you don't understand this?

All other things being equal when RRS goes ex the SP 'should' drop to around 3.5-4c so

RTM 0.034 RTMO 0.013
RRSex 0.037 RRSO 0.013

seems about right doesn't it.

As I have said before I think RRSO is 'a little' cheap - prob should be 1.4-1.5c with RRScum around 5.2-5.4c but I also don't expect RRS will drop all the way to 3.5c area for long - I suspect it will either bounce out to the 4-5c area or just wont ever get down into the 3's in the first place which means RRSO will be 1.5-2c after it all washes out.

I hope this helps - if it doesn't I'm not going through the battle with you again - you'll just call me a stupid ass.