Notice that the Oppies are doing remarkably well compared to heads, there is a much stronger demand there.
If that is the case, perhaps the big players have loaded on the options (that were at a great discount) and have done so on the way down, as well as heads, so that when the SP is moved up the oppies allow for a bit of double dipping in the next rally.
Always look at options when available to help with the bigger picture. Sometimes you see a massive dumping or buying of oppies preceding a move in the heads.
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continental says outlook positive, page-12
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