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Essay's paper info
| Topic: |
Business
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| Number of pages / Number of words: |
6 / 1602 |
Essay's paper body
On the seller's side, call writers are required to sell the underlying asset when a holder exercises his right to buy. Put writers are also obligated to buy the underlying asset at the locked in price.
Options are traded on several different exchanges. The first of these is the Chicago Board Options Exchange founded in 1973...
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The first of these is the Chicago Board Options Exchange founded in 1973. Other exchanges that options are traded on are the American Stock Exchange, The Philadelphia Stock Exchange, The Midwest Stock Exchange, and The Pacific Coast Stock Exchange. The key to the success of the options market is in the structure, which puts together two different types of transactions in one process...
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