Options are 20% plus in the money
imo
Usually many would exercise into heads and take the free money- 6 months from expiry
Volumes are far too low for selling heads at present
57m options is a huge amount - considering yesterday’s news only traded just over 2m shares
Need a few large volume days by holders not profit takers to sustain a price rise
Great news yesterday but I feel the market knows a possible CR is on the cards unless cash generated from options etc
dyor
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