### Comment:
Ok. So it was exercised, for whatever reason. But I also don’t understand, that if the price of google keeps dropping, and he agreed to sell it at a certain price, wouldn’t the fact it’s still dropping be a good think for his contract?

### REPLY:
Hes not the owner of the contract, he wrote and sold the contract. He’s on the other end of the deal, someone has the contract against his shares and that got exercised.

### END.