Expectations are high that the IGR sp will be much much higher by the time of expiry. Does it constitute 7c? Probably not, but good to see some positive thoughts about the future through the options.
Options are pot luck sometimes…I got lucky the other day and picked up a small parcel of PRUO for 7c, laughing I was - although, it still may haunt me because they are dated March 09.
I was also a buyer of IGROA’s at 4.5c and 5c – happy to sit back and wait for now ;)
IGR Price at posting:
14.0¢ Sentiment: LT Buy Disclosure: Held
