excellent buying ops on the oppies, page-32

Crazy Ron,

If the heads get to 20 cents, the oppies are still worthless.

The heads need to go up 50% to get to 20 cents from now at say 13.5. If the oppies go up 50% from here at 1.5 to 2.3 then the heads will need to be above 22.3 for the oppies to be worth taking up.

What Im really trying to say is that I wouldnt want to be caught holding options. Been there done that.

The only way the oppies will be in the money is if there is a mamouth buying spree of which it looks unlikely within a month. Heads look the more realistic option.

The expiry date is the big problem with the oppies. Another month or two its probably ok.

I wouldnt touch the oppies with your money.

My opinion only