options lose their value in time as they get closer to expiry every day. That is, the gap should close. Comes down to your strategy really. Options have been diluted more than heads as a % of soi in the recent raise hence no longer trading at the previous premium to heads (as SB has already mentioned). Scope for further dilution.
If you’re buying to hold and convert on expiry, are happy to pay a premium ultimately (current price + conversion price) for extra leverage at current prices, than sure... just also remember there are tax implications you need to factor in which will depend on your strategy. If shorter term, risk factor is lower with heads. There isn’t extremely high risk here given Fintech nature. We can extrapolate the future company value based on modelling unlike mining shares which largely depends on whether the resource actually exists in ground at the quality required.
I hold both.
imo & DYOR
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