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santafe2

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santafe2

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Re: rwwine post# 101996

Sunday, 08/07/2022 10:00:04 AM

Sunday, August 07, 2022 10:00:04 AM

Post# of 111010
This one is fairly straight forward. The poster owns shares of RVNC and has given another party the right to buy those shares at some time between today and January 19, 2024 for $30 a share. For relinquishing his rights to these shares, the poster has been paid $4.10 a share today.

Options are bought and sold in lots of 100 shares each.

What the poster is saying is that he doesn't care what the eventual price may be, he'll be happy to surrender his shares for $30+$4.10 or to simply collect the $4.10 if the stock does not move up during that time.
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