I know the dates. I’m not talking about trading options, i’m...

I know the dates. I’m not talking about trading options, i’m talking about selling heads to raise funds to convert options.

If you sell heads on Tuesday, you won’t have the funds until Thursday (T+2) 24 Sep, then I assume BPay only transfers money during business days (like banks), so you need an additional 2-3 days for BPay to clear. Meaning you want any money being sent to Automic by Friday 25 or Monday 28 at the latest.

This means that Tuesday or maybe Wednesday at the latest (pushing it) is the last opportunity for people to sell heads to fund the option conversion.

All IMO - happy to be corrected if I am wrong.