I've lost plenty on various company options in the past and so sold out of WHNO a couple of weeks ago for 1.4 cents - time is just getting too short.
My own guesstimate is :
Perhaps an 80 or 90% chance they will expire worthless (3 months goes by in a flash, and the last report seemed to be signalling there would be no JV in the near term)
The risk/reward ratio isn't there - for very high risk (short term expiry) you don't get a great reward even if the shares double.
Having said that could just be tempted if they got very very low.
Nobody knows at the end of the day and good luck to option holders
V
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- why would anyone buy options..whno now.??
I've lost plenty on various company options in the past and so...
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