You can sell at anytime at market price… or you can choose to execute them at 0.063 before March 2025 if there in the money, a lot can happen in the silver market between now and then… think of options as a highly leveraged play on IVR (along with more risk) However there is a pretty good chance that sometime over the next 18months silver is going to have a pretty good run… and options could trade many many multiples higher.
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