If you are looking at the SP you are likely being misled.
What is going on at the moment is the conversion of CDXO to CDX.
To do so, myself included, requires the selling of heads in many cases to fund converting the oppies.
This process completely distorts the ongoing share price, until it is finalised at end of month.
I've seen this before with similar option time outs where they are in the money.
"real" trading will recommence in December.
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