38 trader. What you are doing is exactly what I posted on the 4th. Here's what I posted.
"For anyone prepared to go through the process of excersising them, there is a heap of money to be made there. Sell a million shares at 13,buy a million options at 11 and exercise them. There's $10k just for the trouble of filling out a conversion form and sending off a cheque.
People steering clear of the options due to lack of liquidity, hence the increasing gap"
If you are making money out of it then good luck to you. Easy bucks to be had there.
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