So, you think, that if the shares are 23 cents and the options are 8 cents, 15 cents to pay later, is ok?
Oh yes please, anytime, and I'll even be prepared to pay more for the Option.
What you are suggesting is amongst other things that I have free use of that 15 cents without paying interest!
If one has confidence you may want to buy 2 Options and then if the share price rises, you want to keep them, dispose of 1 to pay the outstanding amount for the other or sell the lot, whatever.
Of course if a share price falls, the Option price falls too, often with the same amount.
Gerry
LEG Price at posting:
0.0¢ Sentiment: None Disclosure: Held
