Bukka, my interpretation is :
because the 12c only just got reached and possibly may range between 11 and 12c for a few days (or longer) if not continuing to climb even further, the (smart money) options buyers are thinking that 12c has not yetr consolidated itself, but 10-11c has (short-term consolidated) so they are going "10.5c minus 3c = 7.5c, plus a bit for the present value of the 3 cents not to be paid for some time).
So that's my reasoning to understand why the oppies seem , shall we say, a bit of a bargain.
As everyone says "if you believe in the story, then the oppies are cheaper than than the heads",
and I don't think we have any CRs coming so it doesn't matter about not holding heads for that reason either.
Speaking as someone with more heads than oppies LOL.
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8.8¢ |
Change
-0.002(2.22%) |
Mkt cap ! $280.4M |
Open | High | Low | Value | Volume |
8.9¢ | 8.9¢ | 8.6¢ | $166.2K | 1.887M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 191955 | 8.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.9¢ | 30001 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 191955 | 0.086 |
9 | 2541749 | 0.085 |
4 | 750000 | 0.084 |
9 | 1009302 | 0.083 |
4 | 127495 | 0.082 |
Price($) | Vol. | No. |
---|---|---|
0.089 | 30001 | 1 |
0.090 | 268154 | 1 |
0.091 | 157081 | 3 |
0.092 | 130001 | 2 |
0.093 | 595235 | 1 |
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