Can anyone answer this for me - a bunch of people have exercised options (PICO) already. Why would you exercise @ 1.00 when you could buy more heads on the market @ .975, and sell your oppies @ .032? By exercising you're 5.7c behind where you could be. OK I guess there is brokerage in the buy and the sell which isn't there when you exercise, but even accounting for that you would still be in front by doing the buy and sell. What am I missing?
Exercising of Oppies
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$1.22 |
Change
0.005(0.41%) |
Mkt cap ! $462.5M | |||
| Open | High | Low | Value | Volume |
| $1.21 | $1.22 | $1.20 | $110.4K | 91.71K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 453 | $1.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.22 | 10947 | 1 |
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