YOWIE options, page-48

I see there is some people posting and reading who are new to options so I'll add this They may be able to be converted but should there be a issue tomorrow or a few other scenarios options would not participate and you don't get the chance/ time to convert and participate nor vote. So the extra leverage you have may mean that you miss a rights issue that may come with extra bonus option for example. just saying ......................

Even the arbitrage unless you have shares to sell at the same time as buying and converting options comes with the risk of price movement to eat up margin.

It is just nice to see deep in the money options as so many with small spec stocks expire worthless. Price is never guaranteed as there is not general awareness with a lot of mum and dad investors of how options work and many other investors will never touch them or aren't allowed so demand is different to shares.