Just would like a bit of clarification/confirmation and understanding on how unlisted options expiring at a certain date work for an ASX stock.
Q1) - Unlisted options are typically handed out to consultants/staff of a company?
Q2) - Can they be traded with normal listed options? How are they traded?
Can they be converted to heads and hence be traded as normal heads? Or are they involved in 'XT' transfer between parties
Q3) - What happens if unlisted options expire (after date)?
Appreciate if anyone can shed some light regarding "Unlisted Options"
