sum maffs
12 shares = 1 share
so lets say i have 500k shares
i can buy 41,666 and receive 20,833 IVZOA
at 13c this will cost $5,416 to partake
Now.... To buy 41,666 at 11c would cost = $4,583
and then to buy 20,833 options at 4.7c would cost $979
4583 + 979 + 40 (brokerage for 2x transactions [possibly waived depending on your broker]) = $5582
$5582 - $5416 = $166
I save a whopping $166
ITS THE DEAL OF THE CENTURY
Add to My Watchlist
What is My Watchlist?
