Hmmm... huh? exercise (OTM) 'out-of-the-money' ???You would only...

  1. 5,822 Posts.
    Hmmm... huh? exercise (OTM) 'out-of-the-money' ???

    You would only ever 'exercise' (ITM) ... IN THE MONEY ... ATM or OTM expire worthless ...

    For Warrants ... a failure to exercise (ITM) at expiry is completed automatically ... and those holding warrants are entitled to an amount equal to 95% of value at expiry ...

    Others may be more definitive on this ...


    This is only my view ... read the red stuff.

 
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