That's a lot more accurate yeah, sorry I was quickly rounding in...

That's a lot more accurate yeah, sorry I was quickly rounding in my head.

The question is, how much does that return ratio change if the price re-rates massively and goes 30c? 35c?

For me the ratio was totally different at time of purchase... I think OAs to OBs was 0.002c to 4 - 5c. The number of options I could get my hands on was substantially different.

Gap is closing.

I based my punt on the most rapid 3 month period rise that SYR went through. And figured that if the timing was just perfect and FGR went through a similar rise in this exact 3 month period, it'd be party time. If not, small loss.