LKE 1.96% 5.2¢ lake resources n.l.

2021 and beyond, page-5809

  1. 267 Posts.
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    Now the 35c options are behind most of us, im thinking of a strategy to exercise all 75c options maybe like this:

    1. say u have 1000 options to exercise. then u need $750 in 6 months.
    2. spend 60% of the $750 now = $450
    3. the $450 buys 750 odd shares now (60c a share)
    4. hold till share price rises to $1 (lets say by april 2022) then sell to give $750
    5. Exercise all 75c options before june 2022 using $750 = 1000 shares

    so all options exercised by paying 60% now....just a strategy ...relies on some share increases DYOR
 
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