 Quote of the Day Concentrate your energies, your thoughts and your capital.... The wise man puts all his eggs in one basket and watches the basket.
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OptionAn option is a contract whereby one party (the holder or buyer) has the right but not the obligation to exercise a feature of the contract (the option) on or before a future date (the exercise date or expiry). The other party (the writer or seller) has the obligation to honor the specified feature of the contract. Since the option gives the buyer a right and the seller an obligation, the buyer has received something of value. The amount the buyer pays the seller for the option is called the option premium.Need more information on Option?Continue reading 23.01.2007. 09:54
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