CND 2.70% 3.6¢ condor energy limited

Woooooo Hoooooo go GLV :)$$&&&, page-72

  1. 178 Posts.
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    How are the options considered in the money? Even if your buy order on the options gets hit you're paying 0.9c + 4c conversion and effectively making a loss of 1.2c per share.

    I don't believe the options are considered in the money until the difference in price between heads and options is the exercise price.
 
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