lcyob, page-7

You should always get professional advice on these matters, but i will give you my opinion.

If you bought on average at 13.4 cents and sold out now, then you will have a capital loss.

The options your talking about have a strike price of .10 cents in dec this year, which mean if you bought them for .0029 cents, then your total outlay for the purchase is 12.9 cents a share.

You have to also remember, that if you sold out of your heads and bought the options, you will need to wait 12 months to pay margainal tax on them or if you sell them within the 12 month period, then capital gains tax.( comes down to trading or investing and when you want a profit or loss)

Considering the difference between your average and the price of options would be half a cent and if you have already held the heads for 6 or more months, i would just leave it.

The alternative would be a capital loss for this year and more leverage on holding the options.

The third choice would be to hold the heads and buy the remaining options currently under .3cents.

This is not professional advice and you need to make your own decision or seek paid proffessional advice.