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nsomniyak

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nsomniyak

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Re: None

Thursday, 10/29/2020 10:28:38 AM

Thursday, October 29, 2020 10:28:38 AM

Post# of 4378
Does anyone know if the price of GORO options will be adjusted as part of the spinoff?

The March 5 calls are trading at .15 by .25. If those are not adjusted, it seems extremely unlikely that GORO, ex the spinoff, will be trading at 5 in March. If it did, well, I'd take that 100% gain, but if not, and you plan on holding GORO long term anyway, then writing those calls for .15 (or maybe getting .20 with some patience) seems like pretty easy money.

If I could afford to buy all of them, I would not need to buy any of them and I sure wouldn't be spending time on the message boards!

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