I think the sp looks cheap to me based on what I’ve read... but I don’t see how the options are cheap? The heads would need to exceed 7c before you are better off having bought iptiiisn versus heads (assuming you excercise them and we are talking an in and out tradw). Given its at 2.4... it seems like a lot of movement forward needed to justify leverage they give.
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7c soon, page-97
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