RE:RE:RE:RE:RE:RE:700 callsThanks Jay and that is good info about when you might want to excercise early.
I think it is european calls that have to wait until expiry and I might have gotten confused about.
I can see that if Shenty's CJ calls went in the money in October Shenty might want to exercise them gaining 3/4% per month on his money (more than a GIC) but can I assume that as the share price goes up the calls trading value also rises and may be worth more selling on the open market?
GLTY and all
JayBanks wrote: If you own the call you can exercise at anytime... and also decline on expiry (apparently with a broker call)...
I believe the main reason you would exersize your call early (rationally) is for dividend collections, it would likely have to be a significant one like a special .. or yes, maybe turning around and using your new holdings for selling call options... or a rights offering, or a significant vote like a M&A...