hi ninja
I use a very conservative 60% volatility and get a valuation of 12c on the 40c call, the 30c call on the same metrics are worth 4c (based on 27.5c close)
the historic volatility is more like 70% meaning options are probably worth more
I understand the 5yr will be listed but not the 30c call, however you will be able to gamma trade your option delta if you are able to access stock borrow
NRT Price at posting:
27.5¢ Sentiment: Hold Disclosure: Held
