Is there an easy way to convert an option in my portfolio to a share? I have 1826 CDXO in my portfolio that I have now converted to shares and I’m wondering if there’s a specific way of recording that transaction that I can’t find?
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Hi Bunter58, Did you get an answer to this? I have the same situation with PTXOC.
Hi there,
Please follow the steps below to convert your options to ordinary shares:
How to convert options/warrants to ordinary shares
Can you tell us if there’s any conversion fees? And is this a partial conversion?
If it’s a ‘No’ to both, you can use the merge feature to convert it to ordinary shares.
If it’s ‘Yes’ to either one, what you do is:
Add a sell or cancellation trade, at cost, to close off the option/warrant (or reduce the quantity for partial conversion).
On the ordinary share, add a buy or opening balance trade.
Conversion fees can be added in the brokerage field or as part of the price.
Please reach out to support@sharesight.co.nz if you require further help on this.
Thanks