This is the fantastic thing about the market: what looks grim and without hope one day, the next everything it can look great and uplifting.
We have recently seen how CCC can go from 18c to 28c within a few days, or put another way, for the oppies being short by 32c of being in the money to being 22c short.
Then if it moves into the 30s then the oppies being in the money on D-day appears a good probability and everyone will be clambering for a stake.
Yes, it is reasonable to sweat at the moment, but don't be sucked into selling too quickly as there are buyers there seeing a nice little gamble that could be very profitable in the long-run.
Although my sentiment is to buy, that is for the heads but a small flutter on the oppies if your personality permits it.
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