Investment & Investing

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Arducius in reply to @Greenbank

DFV bought a call option to buy 500 blocks of 100 shares (so 50,000 shares in total) at $12 at any point before April 16th

How does this part work then? Can DFV just say "yeah I'll buy those shares now for $12 each, thanks!" and the other end of the transaction has to sell at that point or can the person on the other end specify the time to sell and DFV has to buy at $12 a share regardless of market price? Basically who has the power here?

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Greenbank in reply to @Arducius

How does this part work then? Can DFV just say "yeah I'll buy those shares now for $12 each, thanks!" and the other end of the transaction has to sell at that point or can the person on the other end specify the time to sell and DFV has to buy at $12 a share regardless of market price? Basically who has the power here?

DFV

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