ADN 12.5% 0.7¢ andromeda metals limited

Hey Zxc, excuse me for a fairly novice question but I am not...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 357 Posts.
    lightbulb Created with Sketch. 612
    Hey Zxc, excuse me for a fairly novice question but I am not super experienced with options. Other than where there is a dividend involved (where the holder must hold the underlying shares to receive the dividend and hence might exercise early), why would an options holder do this?

    In all cases other than the above is it not more economical to exercise the option closer to expiry? Assuming the actions of the holder align with individual benefits (and not shared gains such as providing the company with capital etc.).

    Thanks
 
watchlist Created with Sketch. Add ADN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.