Nice chart turbo124,
I notice you have shown ctso on your chart.
I am well versed with ETO's, but this option style I am not familiar with.
My questions are as follows:
I can see that it has what I presume is a june08 expiry. But what I cannot seem to find is any evidence of an agreed strike price. Is there one? Or do you automatically have your options converted to the full price share at the end of the option life? ie. if I bought 50,000 CSTO tomorrow at say 42c - and held through to june08, would I then hold 50000 shares at the current market price at the time? (say $1-00)
Would I have to pay any more money at expiry to convert?
Thanks in advance
Cheers
Commy
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Nice chart turbo124,I notice you have shown ctso on your chart.I...
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