Unfortunately options can sometimes be priced on the expectation that the shares will go higher.
When the reverse happens and shares are sold down the options can sometimes be the hardest hit.
So it would not be wise to compare the prices of shares to the options when the shares are strengthening and going higher.
That will not give a true reflection.
Because the results this time round were not as good as previous the options now carry a much greater risk.
That is now being reflected in the lack of support we are witnessing at present.
The safe route is to buy shares if one still wishes to have an interest, because if the next drill results dissappoint then the options will get hammered.
To think otherwise is fool hardy in my opinion.
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