Options now trading at 12 cents above the face value of 3 cents! (SP 18 cents, CVIO 15 cents).
In my view, adding the options to the market is part of the reason we have seen the share price decline and stay down - people are expressing the bullish sentiment for Cityview through the options. This has lead the actual share price to suffer as people no longer buy the shares on the button, but instead buy up the options.
Very little volume at the moment, but still!
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- options now at 400 percent premium
options now at 400 percent premium
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