RRS range resources limited

exercise price, page-3

  1. 28,660 Posts.
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    when you can buy 2 or maybe 3 for 1, when the stock is $10, and the oppies are $9, my thinking is you're still better off with the oppies.

    My thinking is blue sky or zero, which justifies the $10 example.

    In fact, the oppies will track at a 50% discount nominally until the heads get to $2, and then they will lag by $1.

    So even if the heads only get to 50c, the oppies will rally to 25c.

    There's very low down side, and upside if it breaks to blue.

    Of course the down side is zero, but that applies to heads as well.

    cheers
 
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