and then google Black-Scholes Calculator to calculate actual value of the options based on price of heads and expiry.
For eg.....IBXOA when heads are .15c, actual value .128c - current price .11c - awesome value in oppies, THEY.....WILL....CATCH.....UP!!!
IF you are long it doesn't matter anyway as you can convert or hold the oppies but hey DYOR.
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and then google Black-Scholes Calculator to calculate actual...
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