Series 65: 4.1.7.4.1. Exercise

Taken from our Series 65 Online Guide

4.1.7.4.1. Exercise

Remember that an American-style option can be exercised at any time. When the holder exercises the option, the writer is said to be assigned the option. Assignment means the writer of the option must do what he committed to when he sold the opti

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David Hartzell, Cornell Capital Management, New York

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