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6,316 Posts.
54
10/05/16
10:52
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dickie123,
The options are company options.
Not exchange traded options with calls and puts.
Its very simple if you want to convert some of VRC to VRCO.
Sell some of your heads at market price.
Then buy the amount of options at market price.
No conversion, no nothing.
It's that simple.
Be warned.
Any major hold up along the way will impact the options as it has an expiry date.
I have both and at some stage will sell all my options on market and use the money to buy more VRC.
Timing is important.
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