Apart from your illiteracy, and overall ramping, then yes, based on the head price, which is what options are priced upon with consideration for their expiry and trigger price, the current premium is indeed fair. So it's evident you have no idea how options work if you think they're 'worth' nearly double what they currently are.
Now, that does NOT mean there isn't money to be made, or that the options are not undervalued - like you, I can see heaps of upside and am more than happy to add at these levels! But the reality is, based on the head stock, the options are trading in alignment (accounting for the small premium they have). The head stock needs to increase for the options to increase from here. That's evident to anyone with an impartial view.
You're carrying on like option expiry in late 2019 is something unheard of - take a look around you, many stocks have at least 18-24 month expiry for their options. Better yet, follow the alignment in options prices for other stocks like TNO+TNOO (3c premium), SP3+SP3O (5-7c premium), etc.
(20min delay)