M m22au Jul 18, 2011 #12 Quote from zdreg: it is an obvious typo. $40 call is $47.90. I don't like it. you are subject to early exercise. More... You're correct about the early exercise, but it provides a method for people to short if there aren't any shares to borrow. You're also correct about the typo in my previous post.
Quote from zdreg: it is an obvious typo. $40 call is $47.90. I don't like it. you are subject to early exercise. More... You're correct about the early exercise, but it provides a method for people to short if there aren't any shares to borrow. You're also correct about the typo in my previous post.