it's just the beginning for Cirralto!, page-5862

Hopefully we can put this CROO options discussion to bed once and for all, anyone else asks, point them to the CROO thread.

The options have so many intrinsic ties to trading them, for the new investors that don't understand them, stick to basics (CRO):

If you have $1000 to buy:
CRO @ 0.074 - You get 13,513 shares now with no more to pay and play.
CROO @ 0.048 - You get 20,833 shares but you have to pay another $520 to convert them to fully paid CRO shares, giving you a overall purchase price of .073 cents per share with a total spend of $1520.

Daily gains:
CRO went up .008 cents today with a 12.12% increase.... 1.515 % for every .001 cent increase
CROO went up .005 cents today with a 11.63% increase..... 2.326 % for every .001 cent increase

Short term:
Trading CROO short term has better gains for your $ if you don't intend to keep them long term, or convert them

Long term:
If you intend to keep options, believe CRO will be big in the coming 2 years and you will convert before the deadline, then your CROO options are still going to cost you .073 cents even if the share price is $1.

Share price @ $1:
CRO - You purchased 13,513 shares @ 0.074 cents for $1000, you can sell for a $12,513 profit (13,513 - 1,000 = 12,513)
CROO - You purchased 20,833 shares @ 0.048 cents for $1000, you had to pay 0.025 cents conversion per share ($520) bringing you to 0.073 cent average per share and $1520 overall spend. You can sell the converted shares for a $19,313 profit (20,833 - 1,520 = 19,313)

Share price @ 5 cents:
If you purchased your CROO shares at 0.048 cents and want to convert, your overall purchase price is 0.073 cents. Would you pay $520 to convert your shares to be at a 0.023 cent loss per share?? If not, CROO shares disappear with your $1000 at expiry (28/07/2023) and the closer to this date, the less chance you will have someone buying them off you anywhere near what you paid for them.

Long story, short:
If you are day trading, more profit in CROO options. A little more risk due to expiry time and following the CRO shadow

If you are long term, you get more shares for your initial investment but have to pay more money in future which is not a problem, cause you believe the share price wont be around .08 cents for long.

If you don't understand this or cant call me out on mistakes i have made in this post (if any), STICK TO CRO