There are 3 pathways in dealing with the options:
a) exercise the option at the exercise price prior to expiryb) sell the option prior to expiryc) let the option lapse (the options will become worthless once they expire)
The decision is ultimately up to you.
Hope this helps .
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- Ann: Notification of MLSOB Option Expiry
Ann: Notification of MLSOB Option Expiry, page-7
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