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Explain how a 5x8option contract for May 2009 on electricity with daily exercise works. Explain how a 5x8option contract for May 2009 on electricity with

Explain how a 5x8option contract for May 2009 on electricity with daily exercise works. Explain how a 5x8option contract for May 2009 on electricity with monthly exercise works. Which is worth more? ?...

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