options derivatives are securities derive value from the price of other securities powerful tools hedging speculation options are traded both on organized exchanges and otc investments bodie kane marcus 2018 ...
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...Options derivatives are securities derive value from the price of other powerful tools hedging speculation traded both on organized exchanges and otc investments bodie kane marcus mcgraw hill education option premium exercise expiration date contract calls a call gives its holder right to buy an asset at or before if market puts put sell sellers writers receive income exercises writer must make take delivery underlying...