What is the brokerage on the conversion of these issued options?
What about if I were a large organisation who was keen to make a hostile bit on LOM, would I need to keep the market informed of the number of options I held? or would that have to be disclosed once the options were converted?
Lets say I wanted exposure to 100k of stock but only had 25k in my account for the next couple of months (beginning of Feb). Lets also say that by the mid of April I expected to have dividend cheques in my account from another COs in my portfolio. given the volitile nature of LOM and the expected news, is holding these options a good idea or not?
I dont pretend to know everything about the options trading but here are three scenarios that have not be brought up in this thread which makes trading these options a good call.
In essence, people have different trading strategies and its important that you dont pretend to know them all, or above all else, criticise them while you still have your learner plates on.
Better to be thought a fool than open your mouth and remove all doubt.
LOM Price at posting:
44.5¢ Sentiment: Buy Disclosure: Held
