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0.3¢ wellfully limited

Correct , I sped read your post, initially, and for the oppies...

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rebel1

27,139 Posts.

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04/05/22

22:07

Post #: 61211805
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Originally posted by geekay45: ↑

Rebel you are wrong- take 1000 shares @ 30c $300 equivalent options @15 c $150 plus $150 to convert is $300 . Called arbitrage so when the oppies are within 15c of the share's then the shares are the better deal and when the oppies are more than 15c under the shares then purchase of oppies is the better deal .
Take 1000 shares @ 50c - $500 . Equivalent options @ 30 c - $300 + $150 conversion - $450 . Better off by $50 to buy the options
Do the sums old boy - fairly obvious really

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Correct , I sped read your post, initially, and for the oppies to be in the money the shares need to be above 15cents , thats is all that is required for people to pay the 15cents to convert , and WFL get a truckload of $$.. I didnt click that the oppies were 15c in your post

WFL Price at posting: 7.2¢ Sentiment: Buy Disclosure: Held
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