Holding VILO could suggest that holders are confident about news to come, however I think a more ACCURATE representation is that most investors have written the options off.
Only a brendon Fevola like being would take the risk for the options at the moment. With production being pushed back further, investors are more timid and selective; thus opt for the heads.
Overall, as time evaporates quicker and more quickly you will see a very little movement of VILO; especially in terms of VIL. If you want exposure to the company, I would be backing VIL on a risk to reward profile, based on the time factor for the options.
this is my opinion and if you are gain, the options do have significant upside if news comes sooner to the market than later.
Add to My Watchlist
What is My Watchlist?