SBR Same mob that runs MLS which 4 bagged two months before option expiry
Good chance that SBR will also go on a parabolic run before SBRO expires - whoever underwrites them if they are underwritten will earn a hefty fee, just like how the MLS options were underwritten
SBR needs to be in the healthy 1.4c -1.8c range for the options to be underwritten, that's ~3x bags from here
If SBROB goes to 1.8c, SBROB should be trading at around 1.3/1.4c given long expiry, that's ~7 bags from here
SBROB is well leveraged to any positive SP movement, with minimal risk buying at 0.002 (long 2024 expiry) and the SP is cash backed at ~0.004
That's why I like SBROB over heads - More return with same amount of risk
