FMG 1.54% $19.84 fortescue ltd

Thank you Convexity for taking the time to explain that. It is...

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    Thank you Convexity for taking the time to explain that. It is interesting that many of the ratings firms make announcements prior to option expiry day.
    I may be mistaken, but I thought there were big option parcels which expired every 3 months - is this correct?
 
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