CTP 6.00% 5.3¢ central petroleum limited

ctp rising--today 1 cent higher at 13.5 cents, page-7

  1. 35,472 Posts.
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    Hi Clueless,

    it does depend on the speed back to 20c if ever, correct.

    if the takes 6 months to reach 20c, then you need to of course adjust those option numbers down for the time value remaining.

    I was not implying these prices are till the end of expiry, more of a ST trade if CTP goes back to 20 in next 2-3 months.

    After that, discount needs to come in, but I think the risk reward is still good for next 6 months.
 
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