If the price is 1500, they simply sell the ounces at that price in market to pay the option holder the difference.
The benifit is the fee received. The risk is that they miss out on profit if the price is 1500, or that they dont have the production to sell.
update on flooding, page-85
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Last
$1.92 |
Change
0.120(6.69%) |
Mkt cap ! $1.446B | |||
| Open | High | Low | Value | Volume |
| $1.88 | $1.92 | $1.87 | $14.41M | 7.572M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10157 | $1.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.92 | 165950 | 16 |
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