![](https://i.imgur.com/CLvY2jA.png")
25-05-2022, 05:22 PM
think understand the logic now.
buy mnact sure can get 1.1949. ie cannot loose more than that. since there is cash option.
if market should turn around during this period and mct go pass $2. then can take option to change into full mct. ie cannot loose transactions with upside potential until
the option of what to change into is from 5 jul to 19 jul.
so the little bit of cost above 1.1949 is much cheaper then buying a call options.
anyone correct me if got better reasons.
buy mnact sure can get 1.1949. ie cannot loose more than that. since there is cash option.
if market should turn around during this period and mct go pass $2. then can take option to change into full mct. ie cannot loose transactions with upside potential until
the option of what to change into is from 5 jul to 19 jul.
so the little bit of cost above 1.1949 is much cheaper then buying a call options.
anyone correct me if got better reasons.
