It is. you are assuming that if heads rose 1c (which is ludicrous) that options will follow.
They generally do. But not with 19 days (not trading days) to go.
People who cant or won't convert before xmas will just sell options.
It's a complete resistance obstacle.
The only way options aren't dead is this.
You buy at .013. there's a positive announcement. You jump out at at something like .015
Anyone with a large option holding right now cant actually get out. They are snookered.
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