Originally Posted by
SCHUMACHER
BH - PLEASE dont take this the wrong way
can i ask you why you would buy options with 2 months to expiry - to be fair mate IMO thats gambling, and there is absolutely no guarantee tht they will go up unless we have a run on the head shares again to put them beyond 4.5c to motivate you to convert into head shares
However If you fully intend to front up the cash to convert to head shares then ok fine ? - if your not and hoping to sell before expiry then that my friend is definately gambling - and those who say no risk no reward , that is why so many people lose money in the sharemarket today and people who have gone before us and if they take that approach, probability % is that you are sure to lose money in the future so best to seek advice first IMO
just trying to add value to you and protect your money -
anyway im hoping you know what your strategy is because if there is no strategy behind this then good luck with that-