I sold my BLRO recently and bought BLR. I got .007 for the options and I bought at .046 so effectively paid .039 instead of exercising at .045 and when BLR goes to $1 I'll write off the loss on BLRO against the massive profit we are all about to make.
SwissB might still be buying up options but you only have to mid Feb to sell them and to the end of Feb to convert at .045 as I understand it.
