yes, the buyer has the right to exercise. if the option is OTM at expiry, then it is worthless. usually when the bid ask spread is not big, the call buyer will sell the option instead of exercise.
y*k
7 楼
但如果在周五收盘时候是ITM, 就一定会被exercise对吧?
【在 t*********n 的大作中提到】 : yes, the buyer has the right to exercise. if the option is OTM at expiry, : then it is worthless. usually when the bid ask spread is not big, the call : buyer will sell the option instead of exercise.