The price of any option is directly related to the volatility in the underlying stock. If a stock goes no where the options will be worth very little, but if a stock goes up and down 50-60% in a short time the option market prices that in as having a good chance of happening again and so the options are worth more even though the share price is lower. The first thing an option trader looks at is the Volatility.
RMI Price at posting:
0.6¢ Sentiment: Hold Disclosure: Held
