hcmif, the highest point for the options (intra day)was 58c when the heads got to 92c on 13th Jan 2011. The options chart is incorrect and its due to the 1-10 consolidation. When the price gaps up from 1.1c to 11c thats actaully the consolidation. so it did not go 10x in 1 day..didnt move at all.
If the share price gets to 50c by say 1st of April 2012 (i wish) the options could be trading around 15c, maybe a little more. i would like to think 20+ but 15c is on the safe side. so for the share thats a return of 92.3% and for options 178%. Options could expire worthless just as well so one has to be careful you dont overinvest in them.
CCC Price at posting:
26.0¢ Sentiment: ST Buy Disclosure: Held
