op buyers are looking for 1.9x when shares hit 75c rather than 1.5x on shares or 3x when shares hit $1 rather than 2.5 on shares if share price falls to 20c it is a loss of 30% on shares or possible loss of 70% on options
the profitable examples above rely on an increase in share price of 160% and 250%
there is a most unusually high level of confidence in this company! both in the postings and in the relative prices of options to shares
interesting risk platform
cheers
CVI Price at posting:
0.0¢ Sentiment: None Disclosure: Held