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Re: qtipjoe post# 118593

Thursday, 05/27/2010 3:06:49 PM

Thursday, May 27, 2010 3:06:49 PM

Post# of 131532

OK so you are doubting. Let's see if you can follow the bouncing ball. This is for a stock that was trading at 15 for about two months. 200,000 shares at 15. No sellers. Then at 3:55 pm on a Friday night this is what happened.



How do option exercises and cashless exercises get reported/recorded?

Let's say I have options in a stock with a price of 3. When the stock hits 15 I decide to exercise and take my money.

I get x shares sold to me at 3 - doesn't matter what the current market pps is.

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BobF