edsel...The options are lagging becasue the market is unsure of...

edsel...

The options are lagging becasue the market is unsure of the sustainability of the rise...as such, they are being valued very VERY conservatively.

I think this will change shortly.

If we finish at or over 7.7c today, there is every chance the shares will continue on with their run tomorrow...though perhaps at a slower rate.

For most of the day today, the market has been excpecting at 7.4 (ish) finish, indicating a shooting star on the charts and the possibility of period of weakness to follow,

It has become apparent however, as the day has progressed, that we a looking more like seeing a finish near the highs for the day...this is a positive sign.

I would expect as the close draws near, if the shares still trading in the upper half of today's range, or better still, finding new highs, that the options may attract some serious attention.

They are very VERY cheap in my opinion...just compare them to RRS's 5c options...RRS (3.7) RRSO (1.9)

Cheers!