Your statement of :: "they normally track at 3c under whatever the heads are trading at. ( give or take a few fluctuations)"
It is incorrect - it trades usually under 4c (not under 3c) (High of 4.5c & Low of 2c)
The 13/2/2013 Option with a strike price of 5c (approx 3.5 yrs to expiry)
Time value of 1.7c for 3.5 yrs to expiry suggests the Options are very cheap IMO ! (6.8c - 5c = 1.8c, then current Option price of 3.5c - 1.8c (in the money value) = 1.7c for 3.5 yrs
If you have faith in this company - one may consider to buy the Options instead of the head for better leverage - IMO/DYOR !
AoA
CCC Price at posting:
6.8¢ Sentiment: None Disclosure: Held