options are expensive compared to the head. Based on the 25 cent differential between the options and the SP options could be down to 2 - 4 cents. The best the options offer at the moment is low downside NOT significant upside without a 5 - 10 cent upward move of the SP.
Note when the SP was 35 cents the options were 10 cents - no premium offered.
Options would attract me if 4 cents at today's SP.
options...wcuo.. going cheap, page-18
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