Ann: Cleansing Notice, page-15

Managed to pick up some VANOB option way cheaper than i thought ($0.040). I bought them to convert later on so was not too worried about the market for them, as i see buying options better than the heads as for a given 100 shares/options i can only lose $0.040, where the heads can lose $0.195 but in the upside we both have the same exposure for the given 100 shares/options (if it goes to $1 then we both make about $0.80 profit for each share/option).

Theory suggests they should be worth about $0.060 per VANOB option so happy to pick them up so cheap IMO. I'm happy to trade them though rather than hold to exercise them if they become more fully valued so everyone should feel free to pile in and i can offload some closer to fair value!!!!

Theoretical options calculator calcs below:
https://www.mystockoptions.com/blac....195&x=.27&t=2&r=4%&v=70%&calculate=Calculate