I worry that this article may be too complex and too detailed for this Wiki. It also doesn't relate that much to discussions within effective altruism. But I don't know exactly what the Wiki's norms and standards with respect to such issues are (I didn't find anything in the Style Guide or the FAQ, but that may be my error) and would defer to the Wiki team.
I asked Lev to turn the post he had written into a Wiki article, which he kindly agreed to do, because I thought it was a very good introduction to the concept of option value. The entry is significant longer than the other articles published so far, and discusses the subject in much greater detail, so it serves as a kind of experiment to test if we want the Wiki to have this kind of focus also for other topics.