Thanks everyone. This is what my thoughts were but just wanted to confirm.
My fear was that I needed a lump sum by December to buy the options out as heads if the SP doesn't move as much as we are hoping. Either way I would convert them because I will be in it for the long hual.
I might grab some heads now if I can then as if I keep adding to the options I might not have enough money by the end of the year to convert them over. Hopefully the SP explodes and I won't even have to think about this but it's always good to plan ahead so nothing sneaks up on me.
WKT Price at posting:
13.5¢ Sentiment: Buy Disclosure: Held