another way to look at the options is that is the heads get to say 1c,
only a cap of 26m, then would assume on good news flow, how many bags on options out of the money?
I have seen some options where the sector is bullish, pay up to half the heads, so 0.4/5 possible well before expiry, on modest movement of heads.
Ann: Quarterly Activities Report & Appendix 5B, page-11
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