Share
529 Posts.
lightbulb Created with Sketch. 94
clock Created with Sketch. 25/11/20
09:46
Share
Originally posted by andrewk65:
↑
I am fairly new to oppies. Bought ibx initially but liked the story so much I sold the ibx and converted to ibxo because at the time they were around 4c so I could get twice the amount of exposure. Since buying in there is no doubt there is a liquidity issue. Big gap often between buy and sell and no way to get out easily and quickly if it goes south. I bought in expecting to convert if and when the time comes, unless some other opportunity arises to sell out at a decent profit.
Expand
not sure if you just accidentally used the wrong word or you're not too sure how the options work, but you can't "convert" to IBXO, you can only "convert" the options into IBX heads.
