CTP 10.0% 5.5¢ central petroleum limited

Just to clarify some confusion with the options.The time value...

  1. 526 Posts.
    Just to clarify some confusion with the options.

    The time value of the option will go down the closer to expiry it gets.

    The options value will go up as it gets into the money and it will also go up with the expectation by the market that it will be in the money before expiry.

    Strike price of 25 cents by June 2010 still seems like a good punt to me though.
 
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