Do people not like FREE money?
options are at 2.7 cents and the heads are at 6.0 cents. The conversion cost is 3 cents.
2.7 + 3 = 5.7 cents. Why the heck would someone buy in at 6 cents when they can just buy the option, convert it and get a big discount!!!
I wish I had more cash available to buy all these options, it's basically free money. I don't get it