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rwk

10/20/11 11:13 AM

#216707 RE: lugan #216706

Lugan , you're welcome

and to add to this discussion,

If I had sold the $2.50 call option for $0.20 and the share price ended up at $2.60 on exercise date, then I will be forced to sell my shares for $2.50 to the option owner. I will therefore have effectively sold my shares for a price of $2.50 + 0.20 = $2.70.