RNF is talking in laymans terms, technically he is saying please create an options payoff diagram.
He then suggests historical volitility is easy to calculate/ consider, but asks "why ignore the more important volitilites for cdu" (implied or forecast reasons for the share price to change). These will greatly increase or decrease volitility number depending on your future view of cdu sp based on key drivers. I use production cash flows around $1/share for example......
or you could guess. wouldn't do any worse then the experts guesses, sorry i mean forecasts.............
Macquarie will make a boat load on cdu options purchased on market or via by-product of warrants.
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RNF is talking in laymans terms, technically he is saying please...
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