Originally posted by PinkDiamonds
Thank you for the info.
I've never done an oppies conversion before so this will be my first as I'm expecting the SP will be pretty healthy in November 2019 going into American winter.
What does the spread need to be between the oppies and the heads for the conversation to be profitable?
what you pay is irrelevant, literally any price at or above 2c is worth exercising - no brokerage on exercising.
Theoretically options should be trading at a higher implied price than the current price due to time value, depending on volatility and future expectations will influence the size of the gap (gap being Exercise price + options price - current price)