A bit strange what's happening with FNDOB (1 FNDOB gives the...

  1. saintex
    4,397 Posts.
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    20/11/23
    17:57
    Post #: 71003402
    A bit strange what's happening with FNDOB (1 FNDOB gives the right to buy 1 FND share at 0.90 $ until 14/1/24).
    At the close, you could buy 1 FNDOB at 0.23 $, exercise the option (paying 0.90 $) and receives 1 FND share valued at 1.24 $.
    So you make a profit of 9.7 % by option doing that.

    I may have missed something.
    It looks too good to be true.
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