With the heads trading at $0.012 today that should make a theoretical LRSOB option price of $0.0052. Just saying.
See link below with the calculation using black/scholes option pricing method.
https://www.mystockoptions.com/black-scholes.cfm?ticker=&s=12&x=10&t=1.5&r=4%&v=75%&calculate=Calculate
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