Well if you are long and believe the story then I don't understand why people are not buying the options.
Why buy at 17.5 when you can buy them at 15.5. BITOA at 9.5 and then convert for 6.
There is massive arbitrage opportunities here for the professionals. Short the heads buy the tails.
There are shorts going on
Cheers
BITOA/ BITOB, page-55
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