Hey Hotnickel, there is no rush to convert your options mate....

Hey Hotnickel, there is no rush to convert your options mate. You have until 31st Jan 2010........Thats ages away to do this. And then if you haven`t got enough to convert your total holding you can sell a few options, and use the proceeds to covert your balance into ordinary shares (VPE)

I reckon unless the heads are paying dividends, its pointless converting your options until close to expiry date.

An important point to consider which has not been discussed with options is *leverage* By purchasing options you can get more bang for your buck. Bear in mind, this can work the other way too, if the options take a slide, you can lose more too.

All the best with your decission!