i'll take some ggpo at .003 when i can, (8c strike Aug 12)
3/14 = 21% atm,
they dont need to even get back into the money, for them to make good returns.
the stock just needs to swing senitment, and if the heads go back to say 2.8,(2x) then the options will swing harder, turning bullish, and maybe at 30% so say .008 (8/3=2.7x)
picking any option up with plenty of time left, for next to nothing, with prospects in hand capable of a turn around is fair game for this punter.
GGP Price at posting:
1.3¢ Sentiment: Hold Disclosure: Held
