My take is that these oppies have rarely traded like other options with a premium and now they are trading at a big discount (if at all) ....
I hold heaps and will be exercising, but do believe the recent malaise will be squeezing some smaller holders who have no choice but to sell cheaply. Ive been there before and it stinks. The recent drop in volume and shareprice bears no correlation to the good news in the market - let alone the nickel price recvery we are seeing. When buyers arrived thursday in the ctms they got squashed. There's an active range bound bot here and it's sensible to ask why? Particularly in the context of options expiry.
I've done well this time round. I lost heaps on ctmobs, but managed to make the very last sale of those quackers, the proceeds of which i rolled into ocs. I bought all the way up to .08.
Would just rather see the company backers support the price during this crucial period.
CTM Price at posting:
67.0¢ Sentiment: Buy Disclosure: Held
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