It depends on your experience with listed options. One big cost factor is CONVERSION
As the Expiry date approaches several factors could materialise: - Price Spread increase: in volatile price movements the option price may not reflect true value. - Liquidity: If you have a large portfolio of options there may be insufficient volume to liquidate your options if required.
Conversion comes into play. To convert RDNO is 4 cents per option to be converted into 1 share. 1 million RDNO converted to RDN shares cost 1,000,000 x 4 cents = $40,000
To convert RDNOA is 1.5 cents per option to be converted into 1 share. 1 million RDNOA converted to RDN shares cost 1,000,000 x 1.5 cents = $15,000
Something to factor in.
Grub
RDN Price at posting:
3.9¢ Sentiment: Buy Disclosure: Held
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