Hi there. I made the same comment a few weeks back and there is 2 ways of looking at it. Buying the options gives more leverage if you have not got the funds to buy the heads right now. I do hold some options which cost 2.2c at a time when the heads were about 6c so it does not make a lot of sense to me either. If you expect the SP to be higher by mid 2024 and you would not be buying if you didn't expect that to be the case then it multiplies your chances of benefitting from that. It does seem odd that even though the heads have reduced in price recently the options have held their value. IMHO DYOR
EVR Price at posting:
4.7¢ Sentiment: Buy Disclosure: Held
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