I bought some of these without doing my research very well. I am wondering what the potential for them may be before expiry. Any comments welcome.
Stating the obvious
Options with a strike price of 3c
expiry 11 march 2017
currently trading at the 0.2c range.
Heads 0.8c atm.
If the heads aren't at 3.2c on the strike date. Some choices are: pay up for a loss or let them expire and chalk the loss up to experience?
Between now and expiry if the expected news from Aucu is positive the heads and options? may increase in value but the time premium for the options decreases. Crystal ball country. Say in a month's time the heads are at 2c any thoughts on WCNOA price?
As you say Voncee some buy some sell or in the case of options let them lapse....
WCNOA, page-3
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