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Basic Question 3 of 18
All of the below refer to the same party in an options transaction except for ______.
B. option writer
C. option owner
D. holder of a LONG option position
A. option buyer
B. option writer
C. option owner
D. holder of a LONG option position
User Contributed Comments 7
User | Comment |
---|---|
Bibhu | All other refer to the purchaser. |
magicchip | writer=seller |
viannie | and also: writer = issuer |
group | An option writer could be an option seller or buyer, a good question |
jpducros | I don't think so group: an option writer is always an option seller. |
poomie83 | you wouldn't write (sell) an option and buy it yourself |
To-be-CFA | Option writer is the option seller. |
I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes
Learning Outcome Statements
determine the value at expiration and profit from a long or a short position in a call or put option
contrast forward commitments with contingent claims
CFA® 2024 Level I Curriculum, Volume 5, Module 2.