Patience did you read my reply and sids post I was replying to?...

Patience did you read my reply and sids post I was replying to? He wants to buy options today, and convert asap and sell the heads using the current 2 cent arbitrage to make free cash. I merely pointed out the time it takes to convert makes it to risky!
Or you would of bought options 2 days ago at 41, paid the 10 cent conversion to make your by in price at 51 and yet today can buy heads for 50 cents, tomorrow maybe less. It's not a sound strategy!

If and I've said this before you method is to buy and hold at all costs, not sell until many years regardless of share price movements or unfavourable short term fa hiccups, then options are the go.