hey justbrowsing notice how u can transfer shares online quite quickly..it would be easy to arrange a rego number wen u buy options, pay elcetronically with rego number attached and then all is converted to heads within seconds. it could be arranged but it isnt. i'm sure someone can write a book on it the pros and cons of this.
anyway i bought these options today. they were at a premium yesterday and if the sp dropped to .21 they might still hold at 11, lol. feels pretty safe with the premium given by the market yesterday, so i bought in. i think when the sp settles in volatility it will glide to the scholes whatever guided range. looks great now.
BGD Price at posting:
25.5¢ Sentiment: Buy Disclosure: Held