To make money out of the options, given there’s less than 7...

To make money out of the options, given there’s less than 7 months left before expiry, one would have to assume that either the heads will rise by 3.3c within the expiry time or alternatively someone is going to buy them from you at a higher than purchased price who also believes the heads will rise by the required amount. As the expiry date gets closer the likelihood of this occurring diminishes further and any perceived discount between the options and heads further diminishes.

For that reason, imo they are a poor investment choice comparative to the heads, particularly given the high excise price comparative to what the heads are currently trading at. If l’m wrong, I’ll be happily sitting on a nice profit from the heads. DYOR