Has anyone else thought about this?
Let's say the SP is at 30c, you can sell some options (enough options so you have cash to convert all remaining options).
1. If the SP goes up, then you can use that money to convert the remaining options to heads. So even if you sell a small % of options, you won't miss out if the SP were to go higher.
2. If the SP goes down (e.g. by 3 cents), you can buy heads with the options you sold (basically get 1 head per option without paying strike price of 3c).
Just a bit bored today...
Wooooo Hooooo Go BPH :)$$$$$$, page-12482
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