Hope you're right. I sold my options at 5 last week despite my original intention to hold and convert; instead I bought the equivalent shares on-market at 17 the next day so effectively converted them early at 12c. Given that the options are now short-dated and the markets are so volatile, I see them as being quite risky (even though I like the prospect of healthy and imminent cashflows for EVG).
Then again, another D & D pump or the TSX might be very profitable for the options so a healthy short-term spike in the option price could well be on the cards. But I still believe that the risks of them expiring worthless have increased, so I'd recommend you watch them very closely...
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Hope you're right. I sold my options at 5 last week despite my...
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