Options give you leverage to the underlying SP. In effect, you are not paying interest or earning on the $0.14 that would have been paid to exercise the. However, they also contain a component for the volatility of the underlying stock. That element becomes a dominant force in the price offered for the option as it move past less than 6 months to expiry.
By holding the options past that six-month point there is an element of burning that volatility premium. If it was me and I don't hold any but do in AUE (whose expiry date is a year later) a similar developer. (and have posted a bit about their inherent value).
I think I would either sell now or wait to the PFS delivery. If you have a lot you can readily do some of each. I would sell the ones I don't intend to hold past PFS to say DFS or further.
All IMVHO. PS I haven't done the theoretical calculation for the option value of AARO and don't intend to.
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)