If you going long and expect the SP to head North then your current loss will be a moment in time.
But for someone who outlayed for the options above the current SP, what would you rather, spending an additional 1.5 cents and receiving heads for the long term, sell the options for a loss greater than 1.5 cents, or let them lapse losing whatever you paid for the options on market?
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- Ann: Appendix 3B - exercise of options-XPE.AX
Ann: Appendix 3B - exercise of options-XPE.AX, page-16
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