AJMO, page-45

I'm reflecting on whether I am glad to be holding the majority AJMO rather than heads, given the market this week. On one hand we didn't experience the sell down on the options to the same extent (although good luck trying to sell today at .20). On the other hand there were lots of times over the past month when on paper I was up a lot on the options, but the reality was that you couldn't sell them due to low demand.
I was steadily converting every time I had extra cash.
I guess that is the perpetual conundrum with options, leverage versus liquidity.
GLTA