kingrichard...
Yes, it is a fundamentally driven run.
Still...there is obvious doubt in the market for some reason, as evidenced by the options discount.
In all reality, it looks to me like a discount induced by temporary overhead...mixed with the usual caution during such stellar runs.
There could lways be other reasons not more widely known, but I cannot think of anything that would permanantly knock the heads below 20c, which is what would be neede to bring the options in to par at current levels.
Nie piece of insurance buying the options at the moment...they already have a 4c fall built in.
You see this from time to time, more an influence of register profile than anything else...somthing which can often rectify with a single announcement, or relatively short period of high volume.
Cheers!
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