The caz options, CAZO are incredible right now.
I picked up another 10k of options today.
The heads are at 57.5.
The options are 37c, plus 20c strike, therefore 57c.
The option are for feb 2011.
This offers plenty of time for CAZ to build value without paying a premium for taking up options, as they are cheaper than the heads?!
Often the oppies run at a premium, due to the ability to gain leverage, pay less upfront and buy time.
If you are looking at CAZ, might be worth checking value in CAZO!
cazo !
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