There is no one size fits all. Everyone is entitled to their opinion and should trade accordingly.
For me, I believe that the SP of ANP will be at leave 2.6-2.8 before 20 July. So my target ANPO price is at least 1.4-1.5
As such, I feel quite comfortable trading it. I've converted most of my heads into oppies and will convert them back. However, I can say that I managed a much higher percentage gain so far with that strategy.
As long as the oppies are in the money and the heads are in front, I have no complaint.
If you think the SP will go backwards, you probably shouldn't be buying the heads either let alone oppies.
ANP Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held
