No pun intended but if you own an option then you have three options …
(1) Pay the exercise price to Automic (those funds, less admin costs then go to IMU) and after a while you receive a full share
or
(2) Sell your option on the open market and receive the selling price less brokerage
or
(3) Allow the option to exceed the expiry date and see it become worthless.
Technically there is a fourth option which is to die and bequeath your holdings to your deceased estate, but do try to organise that before August 2026.
Not funereal or financial advice.
IMUOE - Please help me understand this and it's value, page-15
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| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Change
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| Last updated 15.59pm 21/05/2024 ? | |||||
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