SPX 0.00% 0.9¢ spenda limited

SPXO expires in JULY 2023 with 2.5c conversion price and expiry...

  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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