GGP 0.00% 0.6¢ golden gate petroleum ltd

ggpo, page-7

  1. 40 Posts.
    Hey guys, I'm new to options.

    My main question is wouldn't it be more profitable if you bought a GGP share instead of a GGPO?

    Lets say GGP becomes $0.30 eventually.
    If you bought a GGP share at $0.05, you profit $0.25. However, if you bought a GGPO at $0.02, and then spend another $0.08 to convert it to a GGP share, then your profit is only $0.20.
 
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Currently unlisted public company.

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