I think unless there is a decent stable premium above 20c in the last few days before expiry, you can kiss goodbye to a whole swag of these options. The only good part about this is the stock is diluted less. I hold 750,000 MXRO's, and I am ready to lose the lot. You win some and you lose some with options.. Used to trade ETO's, learnt a few hard lessons with those. Thankfully I have just made my best ever options related profit on FDLOA.
MXR Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
