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XOG.AZ options

Denis Laprise <dlapr...@gmail.com>

Hello,

I was wondering why are the JAVA LEAP JAN 09 2.50 options (XOG.AZ)
trading so low (below 1$) although they will be effective in 6 months.
The stock would need a >70% decline to make these options worthless,
and I guess this is quite unlikely (unless a major crash hits the
entire market?).

Inquiring mind wants to know..!
Denis