Premium?
5.3c heads vs 1.6c Os.
Implies a pretty reasonable time value imo, with 11 months till expiry.
Just on that note, many (not saying you, Nightwatchman, as you know your stuff) seem to think that fair value for an options series is calculated as: Share Price - Exercise Price. This is not how options work. Anyone playing with options should become familiar with the concept of time value/decay, Greeks, and know the principles behind the Black Scholes model, for example.
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