IVZ - General Discussion, page-643

These options could be very interesting... IVZO traded for 17c when at the same time sp was 35c even with a 6 month expiry, meaning a 52c sp was break even for those oppies... even when IVZ was trading for around 15c ivzo was going for 6-7c a pop, accounting for a 40c break even. The lower strike price and longer option term will mean that these options trade at a significant premium with mk2 compared to the listed options in the same stage of mk1. I see no reason why these won't trade at 9c with an sp of around 15, given the terms of the agreement. ATM options when mk1 was being drilled were valued at 50% of current sp with only a 6 month term and a pile more risk so it stands to reason that these will trade much higher when ATM (70% of SP maybe?? All imho, just my thoughts of how good these options actually are over the past couple of days.