Ive got a question about options. Say I buy 100k options today. Once its registered in my account, can I then immediately convert them to shares? Seems almost too good to be true...
Buy 100K options at say 0.085
Add 2.5 cents - 0.11
Todays closing price - 0.12
Profit = 0.01 right away??
This is of course assuming the price of the head doesnt go down in the mean time...
Am I right with all of this? Appreaciate the help.