[Options] Why does this Deutsche Bank LEAP call look so cheap?

DK about the options, but DB used to be a monster, but now it's more like the walking dead. https://forums.redflagdeals.com/shortin ... #p30306172
JMO

alanbrenton wrote: ↑ If I use the ask price of $4.55, the $5 Jan 2021 calls seems relatively cheap because the stock is currently trading at $8.77, so actually paying around 78 (mid-market price would make this 60 cents) cents for time value that's almost two years out?

Is DB really going to be forced to merged with Commerzbank AG?

https://www.bloomberg.com/news/articles ... ous-circle

Update: Euro quasi equity risk in the market today, esp now that the European session is closed.
https://translate.google.ca/translate?h ... rev=search

https://www.bloomberg.com/opinion/artic ... o-the-wire

Update 2: Not getting called. https://www.ft.com/content/8539f7b4-2ad ... 8ef2b976c7

Update 3: Deutsche Bank Lost $1.6 Billion on a Bond Bet
One of the banking industry’s biggest soured bets since the financial crisis involved a complex municipal-bond investment. Warren Buffett was enmeshed in the deal.

https://www.wsj.com/articles/deutsche-b ... 1550691086