Sure your right, if were a lot closer to execution date, but...

Sure your right, if were a lot closer to execution date, but with nearly 1000 days to conversion, people are buying options at the moment based on the companies future prospects, not to convert, youll struggle to find anyone that has options right now that will hold them the whole time and convert them as well.

Just a question, why would you wait until they are in the money? Then you may as well just buy the heads.. the price gap will close and you loose a lot of the current leverage..

I see less risk personally.. and im not the only one i assure you..

Risk is based on understanding.. So i would urge all to research what im talking about thoroughly.. But its simple math at the end of the day.. Sell your heads, buy the oppies at half the price or less and as long as the fundamentals havent changed, enjoy the ride.. The risk is no different as far as the company's performance and the share price volatility..

All IMO........