The document provides an overview of options trading, including definitions of opening and closing transactions, premium currency, and examples of profit and loss scenarios. It explains the differences between American-style and European-style options and the implications of exercising options versus closing transactions.
documents/vol00010-efta01353411-pdf.pdf
{"document_type":"other","reference_numbers":["SDNY_GM_00183957","EFTA01353411"]}