bbd options question could some expert explain why there is not much premium in the BBD call options, for example July call at 4.50 trading at .17c?
if i sell all my shares and buy the call. it is like paying 37c for the insurance with the current price at 4.30.
by Jul if C flies then I am guaranteed to buy back at 4.50 or profit from the increased call price
if it is delayed then i might loose all 37c but then the price of the stock will be lot lower and i can buy back again.