Jay, spot on with that options converting business, it's not all it's cracked up to be. What appears "easy money" on the day you fax off the forms soon turns into a nightmare once profit-taking kicks in (and associated insider trading) so in effect the "overs" beome big "unders" in the end analysis, and to add insult to injury you also have to whack up more moolah. All fine and dandy if the share holds its ground, but i'm afraid there's too much time lag between faxing the form in and actually getting the shares, if it was a day or maybe 2 maybe it would be an earner, but more than a week...forget it. I buy and sell lots of options, but only once have i exercised, because it was forced, was a situation of exercise to get a couple of thousand...or forfeit, was the last day,
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Price($) | Vol. | No. |
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0.027 | 197867 | 2 |
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