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12:08
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Originally posted by ozrocket:
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Not sure what u are asking , but profit will be dictated by what u bought the options for and price at selling. Think of options as shares, no different other than the fact they have a use by date, I'm a big fan of IHL options as I originally bought in at .005 and have been topping up to where my average is now 2.2 plus strike price of 4c, in the money at 6.2c, so if I exercised my options now I would make a profit of 0.09c based on what I paid for my options and a share price of 7.1, my plan being to sell a portion of my options to pay for the conversion of my remaining options so the higher the share price goes the more options I'm able to convert without spending anymore money
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You have just raised another question or perhaps more confusion and more education I need on options.
