Buy KDRO's pay up the 20c and your leisure and convert them to FPO's and get 3-4c extra profit. Options can be converted any time you like, you dont have to wait until expiry date.
If you are happy to buy KDR @ 56c why not buy KDRO's @ 32c? 3-4c extra margin on 32c outlay is an extra 10-12% return. Its smart to play the percentages in your favor, that's how I get best value.
P.S. IMO KDR sp is more likely to go up from here for the reasons many here have already mentioned, more results pending in coming weeks & very likely more good news.
KDR Price at posting:
58.5¢ Sentiment: Buy Disclosure: Held