AVL 4.00% 1.2¢ australian vanadium limited

I know how it works. My point was saying that people are sitting...

  1. 7,151 Posts.
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    I know how it works. My point was saying that people are sitting on 50% profit at 3c is incorrect given most of them would have been traded and paid for at some point. What it costs you is the total of purchase price + 2c conversion. If that is more than 3c and you sell as soon as converted you're making a loss, not 50% profit.

    And not everyone that owns options owns heads.
 
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