0.6c of that is the strike price, the rest (which is still quite high) is the proximity to expiry (two months away). As export gets closer people are banking that since there’s less and less time for something spectacular to happen, there’s no point going for the leverage of the options and so just stick with the heads. Also saves you the trouble of exercising etc. Such a big gap could be worth the arbitrage play though.
New 52 week high, page-9
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