Current option price 0.003 or 0.004 + strike price of 0.006 is equal to 0.009 or 0.010 if we convert it to heads. Why these buyers keep chasing the heads at 0.011. If those buyers buy option at 0.003 or 0.004, it will be cheaper than buying heads at 0.011. It will save 0.001 or 0.002. This is a lot of money if they bought 350 million shares.
What is the answer?
SDL Price at posting:
1.1¢ Sentiment: Buy Disclosure: Held