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
LKE Price at posting:
57.5¢ Sentiment: Buy Disclosure: Held
