Options continue to present amazing value and leverage.
Gap between options and heads now 3.2c - significantly higher than the gap of between 2.5-2.8 we have more consistently seen on this.
The percentage of the current gap is about the same as when the heads were about 7c, so perhaps that explains the current price somewhat.
Any other thoughts? Haven't done a Black Scholes analysis on this - have tried to use a calculator, but found it somewhat confusing and open to too many uncertainties.
Disclosure - About 60% of my CCC interests are CCCO
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