Options Exchange-Traded Options
{"Image DocumentName": "Options Exchange-Traded Options", "Image ImageDescription": "Once an exchange-traded option contract is purchased, contract obligation may be fulfilled in one of these three ways: The option holder exercises her right on or before the expiration date \u2013 the option writer must then adhere to the terms of the option contract, and accept the other side of the position. The option writer keeps the premium. The option holder allows the option to expire unexercised \u2013 the premium is retained by the option writer, and the writer\u2019s obligation is discharged. Either or both the option holder and/or writer executes an offsetting transaction in the option market, eliminating all future obligations. In this case, the rights or obligations under the original contract are transferred to a new option holder or writer.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}