GGP 0.00% 0.6¢ golden gate petroleum ltd

Hey guys, I'm new to options.My main question is wouldn't it be...

  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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