One small buyer at 40c level then bids drop away steeply after that. Maths look relatively simple when at that price shares need to be $1.40 (+64c) to be in the money on the options. A price of 40c would seem to assume a sustained share price volatility of 105%+. But as they say, fortune follows the brave.
WRM Price at posting:
76.0¢ Sentiment: Hold Disclosure: Held
