Replies to post #113188 on Avid Bioservices Inc (CDMO)

[investingdog]

Excercising $2.50 April calls would be really stupid. They still have considerable time premium plus you have to pay the difference between share price of $1.60 and strike price of $2.50. If one really wants to get the shares without buying them openly the best way would be to buy in the money March calls that carry almost no time premium and exercise those.

[ImaPseudonym]

Last question about this, then I'm going to bed.

Why would someone need the actual shares now (as opposed to after whatever hopium fueled good news is around the corner) instead of just holding the options? Shorters might need the shares, but nothing good can come of that and I can't see them paying that much of a premium.