TNRO (options), page-310

Don't really understand your point but would love to hear the rational behind it as always trying to listen and learn more.

I'm pretty much all oppies with a few heads and was buying as recently as yesterday when we hit 2.8...

As far as the major plus I see in oppies is I can leverage a much larger future position now with limited capital. I know I will have funds required to exercise in the future and if heads continue to move in the direction we all want to see then oppies will follow at around the 2c gap which provides a larger % gain.

I get the downside being CGT clock resetting once converted but really can't see any other downsides to oppies right now.