PEN 0.00% 10.0¢ peninsula energy limited

Really? I thought the oppies were worth: 1.5 cents (time value)...

  1. 681 Posts.
    Really? I thought the oppies were worth:

    1.5 cents (time value) + (head price - 3 cents).

    So with a head of 3.6 cents, the opps should be around 2.1 cents, and if you believe that the heads are going to 4 cents plus soon, then you might be willing to pay up to 2.4-2.5 cents for the options.

    dt
 
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