as long as you are able to sell your oppies higher than you've bought them for, your calculations are correct. But with the oppies expiring in 4 weeks and the oppie trading stopping in a few days this is a very risky thing to do.
If the oppies would expire next year then of course I would have preferred oppies over heads but now I go with the heads.
Anyway, it seemed to have worked for you trading wise, so congratulations to you.
ANP Price at posting:
20.0¢ Sentiment: LT Buy Disclosure: Held
