There is no doubt whatsoever in my mind that this stock is heading into serious re-rating category - therefore the KSXOA's in my mind are a brilliant buy.
Say the heads go to 30c near term (next 2 weeks) - a rise of 50% (VERY likely too)
then the OA's will be trading at around 20c - a rise of over 100% - THIS is what option leverage is all about.
The medicos and instos will buy heads - and the options are left for us traders to benefit from. Saying that - I will certainly be holding a core position of options for converting nearer to expiry.
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