Seeking assistance with AVR Options (AVRO) procedures.
A deceased family member purchased 10,000 AVRO at $2.50, expiring 18.12.2021, but that is the limit of my knowledge of options.
What is the procedure from here?
AVRO:
i. what is the strike price?
ii. if "in the money" at expiry date what happens?
iii. if "out of the money" at expiry date what happens?
Assistance would be appreciated.
AVR Options
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