I am not involved in that one so sounds like you did exactly...

I am not involved in that one so sounds like you did exactly what I would have done. 88e has 2c options and the option price has hovered between 1c and 1.8c behind heads for the last year. When it was running the gap was often closer. I agree wholeheartedly that if it runs both are good options but the percentage gain is clearly much higher if you have options especially with such a long time to conversion. Let's just agree that each share is different and has different investors with different goals and mindsets. I am very happy holding a stack of options at this time plus a smaller quantity of heads which will allow me to convert the options by selling the heads if it is successful. Good luck to you and all DDD investors.