FEX 1.56% 32.5¢ fenix resources ltd

Very aggressive buying today.Have held these for awhile now. I...

  1. 45 Posts.
    Very aggressive buying today.

    Have held these for awhile now. I have always been suprised how the 20c options have traded at a discount to the heads.
    It seems the closer EMG got to $1 the more the gap opened to the options. They expire 30th Sept 2010 so I would have thought there would be a time premium built in but this has rarely been the case with EMGO.

    Any thoughts?

    Cheers

    The Rocket.
 
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