There are actually ways to calculate "fair value" for options, such as the Black-Scholes equation. It's rather complicated to do manually but there are online calculators available, eg.
you get a calculated fair price for CTPO of $0.027. However, the volatility parameter makes a big difference; eg. with a volatility of 80% the calculator yields a price of $0.047. The volatility takes some effort to calculate, and is drastically different (in the case of CTP) if you look at the price in the past month compared to the past year or longer.
CTP Price at posting:
8.3¢ Sentiment: None Disclosure: Not Held
