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AngeloFoca

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AngeloFoca

Re: None

Friday, 01/20/2017 1:52:59 PM

Friday, January 20, 2017 1:52:59 PM

Post# of 38634
FYI...

There are 949 January $2.50 call contracts expiring today = 94,900 shares of stock.

The rule is - at Ameritrade at least - that they are not required to automatically exercise calls that are less than 5 cents in the money... so if ipci closes at 2.5499 then the MM/Broker get to pocket the .0499 or 4.99 cents.

Just thought I would mention it as trivia.

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