Artículo 62. IAS 33 Paragraph 62

Contracts such as purchased put options and purchased call options (ie options held by the entity on its own ordinary shares ) are not included in the calculation of diluted earnings per share because including them would be antidilutive. The put option would be exercised only if the exercise price were higher than the market price and the call option would be exercised only if the exercise price were lower than the market price.