RE: RE: RE: RE: RE: CALL OPTIONSIt is each to his own but:
I have July 6's.
The bid is 1.90 which is 3 cents below the stock price of 7.93.
There is not enough premium in the options, in my mind, to make them worth while.
I think it is because they are so thinly traded.
I will wait until expiry and then excercise the option buying the shares.
I might as well have just bought the shares outright.
What kind of option premium is minus 3 cents?
If the price of CUM starts to run, which is likely when revenues are reported, the
option premium should improve, right now it is not so good.
-3 cents.