In my opinion the oppies are at a discount because there is a risk that the gas won't flow economically so if it doesn't then the options will most likely expire and investors will lose everything... Once the flow rates are proven to flow economically then the oppies will catch up to the heads and be at a premium... I don't agree with it but that's the way traders see it
Irrational options oexo + strike price < current share price, page-8
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