new to options but by my understanding,
if this CPO runs to 30c as it has in the past…
CPOO at ~1c now with a strike of 18c would mean a 12c profit, so 1200% return?!?!?!
Is that correct? if so I can see why it's like gambling, damn tho!!!!
Ann: Drilling Returns Wide Copper Intersections (Replacement), page-43
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