Ascending Triangle Breakout, page-33

my point is i personally don't expect the options to be priced much higher, considering the threat of a short term sell-down by placement takers who bought at 6.4 cents

GPHO are already at a 1.5 cent premium.

i understand the leverage

GPH from 8.5 cents to 17 cents is a 1 bagger

GPHO from 2 cents to 9 cents (17 cent equivalent) is a 3.5 bagger

but if GPHO was 3 cents, it would only be a 2 bagger to 9 cents

2.2 cents is probably a good price for the options, which is a 3 bagger to the next doubling of the share price

regards