SPX 11.1% 0.8¢ spenda limited

What is the G O with SPXO?

  1. 253 Posts.
    SPXO expires in JULY 2023 with 2.5c conversion price and expiry 28 JUL 2023.

    NOW with only 3 months to go and SPX trading at only 1.4 means it needs to gain around 80% before the options are even in the money!

    I just don't understand how SPXO can be worth anything more than .1c UNLESS it is being primed for an extension perhaps?

    comments/opinions?

    nextime!
 
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