50% overpriced options? on their intrinsic value they are worth -.017 (in a sense) yet the time value to be placed on these has to make them worth the .014 - .015, they don't expire until 9-11-12 and they are only .06 to exercise. Inflation alone over that time frame would push AXM heads over .06
I believe they are a very profitable way to get into AXM and if a good announcement or two arise over the next few months (being positive) then the % profit on these will be much greater then the heads. We've seen this over the last week, AXM rose approx. .003-.004c (from the low of .041) and we saw the options get a steady rise to .015 from .013. That gives the options a % rise of 15.38% and the heads only 9.75% (taking the highest rise in each case)
THe movement between the two is almost parralel and there's a 3c current price difference......
I know what I'll be buying.
DYOR
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