Why convert?...As the SP rises so the percentage variance between the heads and Options deminish.
In other words Options gain in value against the headstock the higher the heads go up, of course as long as a maximum gap of 2 5c is maintained.
The opps have tended far nearer the heads over previous months, and if that occurs owning to the value
uf the opps then they are more valuable than the heads.
GLTAH.
CRO Options, page-22
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