ctp/ctpo

G'day all

I missed the recent run and have been siting on the sidelines keeping a good eye on ann'ts and trading activity.

After the recent ann't I am thinking I might be able to get in a little cheaper than todays close with a few impatient ones realising their recent gains.

My question is, what is everyone's take on the value of the oppies at the moment given the time til expiry.

Currently,

CTP- 8.8c
CTPO- 4.3c

Now if the heads were to reach 16c before the end of this quarter, what would you think the oppies would be worth at that time.- 6, 7 or even 8c maybe?

Now granted, if the heads went to 30c then there is obviously a lot more leverage with the oppies, but in the above scenario, would there be not much difference in leverage between the 2?

Just trying to weigh the pro's and cons.

Interested in comments,

Daniel