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clock Created with Sketch. 27/04/18
14:12
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Originally posted by suryo
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Not quite right. Being an option, it is just an entitlement to purchase at the exercise price before the expiration date so, on your point 3, if they expired in 6 months they wouldn't be worth much at all (unless you're confident the SP will climb above 30c by October). It's far better to have options with a long expiry.
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We should be getting our options documents in the coming days
