Let me see if I understand. The date of February 22nd is option expiration date and the option price to secure is around $.47 ps. This would mean the option holder would not have any benefit to excerise unless there is a profit to them, Correct? I would doubt that it be worth it to them to exercise unless it was greater than $.47 + Tax to be paid. Let’s say it was 35% tax that would equal to around $.59. Am I missing something ?
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