If you have a horizon beyond 1 day, the SP will get back to 3.3c then, and you sell your heads and keep your free options which by the way could go anywhere. I didn't sell any heads to particpate in SPP by the way as already free carried on those and have the CGT discount. Now my plan is whenI sell my heads I will buy an equivalent amount of oppies I already hold free and therefore will average my oppie price to half what it is. And it is a long way to 2019 to attain the leverage benfits. IMO as a long termer, but each to their own. If I just wanted heads I would buy on market but that is not the case here for me. My invetsment straegy might be a bit weird for some but that is life.
participating in the SPP ?, page-165
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