When Options are issued, it is understood they are issued from the Treasury.
What I`m unclear on, is whether they are classified as being held from the active trading float out in circulation, but the equivalent of being ``held``, regardless of having been, ir not been exercised?
I guess what I`m entertaining, is could Patriot be issuing additional Options to boost internal holdings in a defensive move to further protect itself, as it (presumably) draws shares off the open market in an attempt to reduce dilution?
Am I making sense?
Regards
