I am not sure what is the benefit of buying options LKEOC at this stage of their maturity for the current price. There are only some 3 weeks before the LKEOC mature. 15th of June! Today you could have bought LKEOC for $0.75. To convert you have to pay another $0.75. This brings the cost of your converted shares to $1.50. There is hardly any difference between buying options or heads direct. If the LKE SP goes up or down, so will the o[tions. The time factor is almost non-existent.
Maybe I am missing something?
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