Ha..yeah Ritchie that's right, that is why taking a punt on the ops at 0.5c when they are in the money at 2.5c you will really see things happening when the heads mover over this level. it won't be 40% it'll be in the 100s% range.
Been in a couple like this when the ops are in the money the options and heads move in lockstep. The difference being you get the vastly superior leverage with the options. At 0.5c I don't know why people are selling them really.
EAch to their own though
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