The way I see it is the heads are cheap due to profit taking...but that runs oout eventualy and those buying now will be taking the profit when it goes up another 30-40%..always happens. I am still trying to get heads at 17.5...18 as I think form 3pm onwards till close the heads will start the climb to meet the sharp rise in the options.
I am calling around a 23-24 close today...possibly more.
The way I see it is the heads are cheap due to profit...
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