IMUOB oppies ready to be traded, page-16

@M1G

(Sorry for delay. I live in Spain, and I only just got out of bed.)

I think that there is better value buying IMU than either IMUOA or IMUOB.

Two reasons:
1. When you buy options you are buying volatility, ie the expectation that something "explosive" is going to happen soon to the price of IMU. I think IMU is a bit of a slow burner, so I hold IMU directly rather that a "call" over IMU that is going to expire at the end of next year.
2. IMUOA and IMUOB are a bit expensive. The implied volatility is 51% last time I looked.

Disclaimer: If Leslie does a deal next week and the price goes to 14-15 cents, I will look like a complete idiot. (But owning IMU in reasonable volume, I will be a very happy "complete idiot".)

All the best.