Hi Robert
you forgot to mention how the longer the expiry date the higher premium the oppies will trade at as oppies do not trail the heads by the expiry price. Taking into account oppies have well over 2 years to run out. Taking this in account
Heads atm 0.7 c, when they hit 2.8 c, tails will be trading at a premium at about 1.8 c / 2.1 c. Thats a 4 baggy for heads compared to a 6 to 7 baggy for tails. If heads hit 7 c tails will be 6 c, a 10 baggy compared to a 20 baggy
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Hi Robert you forgot to mention how the longer the expiry date...
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