AGY 13.6% 9.2¢ argosy minerals limited

AGYO Exercise Price 20 cents, page-53

  1. 26 Posts.
    Does anyone have a "nice equation" to determine how many options to sell at any given price so the corresponding value of the sale offsets the remaining option conversion?

    ie. if AGYO price 0.10, exercise price 0.20
    Options held 50000
    How many options do I sell so I can convert the remaining options cost free?

    If the trading price of the options were 20c, you'd sell half of your options holdings then convert the rest

    Thanks in advance
 
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