options converted

  1. 509 Posts.
    lightbulb Created with Sketch. 15
    HI all another options question
    if i have options converting costs 20c

    buy 100000 options @.02 = 2000
    sell 100000 options @.08 = 7985 after brok etc profit = 5965

    converting


    100000 @ .22 = 22000
    sell 100000 @ .28 = 27895 after brok etc profit = 5965


    . so am i as well selling the options at these prices
    anything above .28 and i am winning with the heads
    thanks for any help
 
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