Just a refresher that any SH that has converted their options thus far .....
For an outlay of 75c, now hold 1 share at todays close of $1.43, and 3 piggies that are 18c in the money, ie 54c.
So a notional paper profit of $1.22 (68c + 54c) or actual return of (1.22 - .75)/.75 = 62%
(I know the calcs are different using black-scholes but trying to keep it simple)
Hence why so many punters are keen to get their hands on any unexercised options if possible.
Race options thread, page-718
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