I've got a question about options which are looking juicy and ready to be plucked IMO.
Okay so with VILO oppies they are trading at a ridiculously cheap 0.008. When the VIL reaches the 10c strike price that's a 1250% return turning every dollar into $12.50. Not bad really.
But my question is how does one go about converting the options into shares? I'd appreciate responses with some substance, please don't reply with fill out a form and wait 2 weeks, what form do I fill out? where can I get this magical form that turns every dollar into $12.50.
Please give me some details in your reply. Do I need to contact VIL directly to convert them or what's the process?
As I said this might sound like an amateur question but I'm sure I'm not the only one who doesn't know the answer so it's not a stupid question if you look at it like that.
Thanks all, much appreciated.
VIL Price at posting:
4.4¢ Sentiment: Buy Disclosure: Held
