That's right, you can convert at any time by simply phoning the...

That's right, you can convert at any time by simply phoning the company and asking for the conversion form... There is probably a way of doing it online these days.

Or you can simply trade them on market for the profit ( difference between head and exercise price)


The real leveraged value of buying options won't be realised until the head share gets above 10c.
When heads are >10c the leverage of options really kicks into gear...

So if you think heads will be Sub 10c by expiry then you might as well buy heads...
Heads @ 11c or more will really start to work the leveraged gains of the options...this is the reason the options are such a high risk investment...

Ultra high risk/reward ratio...