Yeah, the higher the SP the less options you need to sell for conversion (depending if that's how you want to raise the capital). Even at 50c that is still a lot of profit. With the three upcoming 'pillars' and a few months of appreciation (including buyback), I expect EUR to be decently higher than that. Only time willl tell. I guess that's why a lot of us are highly leveraged in options.
Yeah, the higher the SP the less options you need to sell for...
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