Ann: Tyrannus Gold Multiple Target Zones Confirmed, page-80

Bails, could work well because 3.5c options being 1.5c higher strike than 2c should trade about about equal.

I feel 3.5c at 0.6 on todays sp. When the sp was at 1.5c and with 18 months left, 2c options, were 0.6, 0.7

So used same criteria.

The 2c are undervalued as 5 months time left, worth 0.1 to 0.2 time so should be 0.9 for the present sp.

It will be interesting once converted the trade in the 2c because if say half converted, alot less supply and conversion related sell pressure will be over.

I like Tnrs twists and turns, keeps one sharp.