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3 Cards in this Set
- Front
- Back
- 3rd side (hint)
Buyer, owner, holder |
Investor who engages in opening purchase |
Establishes a long position in the contract |
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Writer |
Receives money, obligated to fulfill terms of contract upon exercise |
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Call |
Gives the holder the right to buy 100 shares of the underlying stock from the writer, at a fixed price. |
If the holder exercises the right, the writer of the option is obligated to deliver the stock. |