volume is relative. There are about 6 times less options on issue than heads. The volume in the oppies the last few days have been around 13 to 15 million? That's more than 10% of oppies on issue. That's decent volume. Plus there is 45m on the buy side and just under 3m on the sell side.
If people buy oppies for leverage then were is the leverage with heads at 0.9c?
It doesn't make sense but of course we won't find out until there is some kind of announcement.
Question is if the heads start moving will the oppies move as well? Will this arbitrage persist? These things correct themselves eventually. Will be interesting to see how
ZYB Price at posting:
0.9¢ Sentiment: None Disclosure: Held
