RE:RE:The 24$-26$ range is reasonable With AC, in the last 3 months, I choose options with an average of 4-6 weeks terms. The choice is drive by the premium.
By chance, with AC the price were low with premiums under 1$.
For example, the august 18 options at 23$ is now priced at 2,25$ for an implied price of 25,25$. So, for a price of 0,56$ (the premium: 25,25$ - 24,69$), you have 11 times more units for your money.
The trick is that time is working against you with a cancellation risk the august 18 ( 0$ value a that date). That happens to me in february when AC disclosed low 2023 forecasts, ....a net lost.
With the low premium and the strong surge probability of the AC stock, options was a very effective way to invest in AC in the last weeks..
I still own july 21 options bought in the last weeks.