Does no one want the free options for 110070?

Less than a month until maturity, with a redemption price of 112 at maturity. Current price is 118.7. The conversion premium has been reduced to about 0.5%, making the option value almost free. The scale is small at only 210 million, offering high flexibility. It aims to rebound during A-shares decline. The rapid rise in bulk commodities should soon be reflected in coal, steel, and other sectors.

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