Feedback for Mr. X is holder of an American option with strike price of $34 and the current trading price of theunderlying is $32. Using binomial option pricing model, he observes that the vale of early exercise ismore than the value of option. However, the correlation between the underlying and market is highcausing higher volatility in the option pricing. According to the current situation, which of thefollowing should be the correct step for Mr. X to attain maximum benefit?