Recommend others unfamiliar with options and black-scholes formula used to price them is to google "option calculator" which are free then insert known variables.
The Implied Volatility is most complex aspect so recommend playing around using low range (25), high (50) and extreme (100).
Plenty of value here given underlying volatility in PAR share price and +365 days to expiry.
PAR Price at posting:
43.0¢ Sentiment: Buy Disclosure: Held
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