|Day Low/High||3.28 / 3.84|
|52 Wk Low/High||1.32 / 2.09|
Investors in Zion Oil & Gas Inc saw new options begin trading today, for the March 2018 expiration. One of the key data points that goes into the price an option buyer is willing to pay, is the time value, so with 235 days until expiration the newly trading contracts represent a potential opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration.
Company successfully raises sufficient funds to drill and test MJ #1 well to proposed total depth
Zion's Operations Reach 3,280 Feet and Company Will Not Extend Current Unit Offering
It would be better from a trading standpoint for this market to sell off with some vigor.
Update of ongoing drilling operations with Zion's Megiddo-Jezreel #1 well
Zion Begins Active Drilling Operations in Israel
Zion anticipating the spudding of their long-awaited Megiddo-Jezreel #1 well
Zion Welcomes Longtime Legal Advisor Mr. Jeffrey Moskowitz
Zion to commence acceptance testing in preparation for spudding its MJ #1 well.