I got a few small tops filled that were sat in the options queue...

I got a few small tops filled that were sat in the options queue today also picked up some more heads at 2.5. Was very strange option action. Picked up a top up of 200K yesterday after the news we don’t need another partner now and was kicking myself when I saw it hit 1 only to come back a bit later and see it at 1.5.

I’ve got a decent hold of heads and options now but have been wondering if the time value of the oppies is starting to diminish as we get closer to spud as it’s likely a a big win or bust for both based on this drill. The other risk with oppies is cause they are handed out along the way as sweeteners during CR etc. they can just be dumped for instant profit at anytime and for any reason.

Be interesting to see how the week plays out. Got a few sneaky ones in the queue further down but sort of hoping they don’t get hit now as I feel I’ve got enough for the risk reward going into this one.

Goodluck all.