Bukka, my interpretation is :because the 12c only just got...

Bukka, my interpretation is :
because the 12c only just got reached and possibly may range between 11 and 12c for a few days (or longer) if not continuing to climb even further, the (smart money) options buyers are thinking that 12c has not yetr consolidated itself, but 10-11c has (short-term consolidated) so they are going "10.5c minus 3c = 7.5c, plus a bit for the present value of the 3 cents not to be paid for some time).
So that's my reasoning to understand why the oppies seem , shall we say, a bit of a bargain.

As everyone says "if you believe in the story, then the oppies are cheaper than than the heads",
and I don't think we have any CRs coming so it doesn't matter about not holding heads for that reason either.

Speaking as someone with more heads than oppies LOL.