fdloa pricing is great leverage

The options are currently trading without a premium ie FDL .16 and FDLOA .06 From here IMO it is likely that the options have a good chance of keeping pace with the heads. ie a one cent move in the options for every one cent move in the heads. Even without the premium FDLOA is great leverage. Even if the premium goes into the negative, the leverage is still good. At current prices you can buy 2.6 options for the price of one share. So as long as the options keep moving up better than 4 tenths for every one cent move in the sp you will be in front.