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Investing Glossary:
Options contract
Copyright 2009,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
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| Term: |
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| Definition: |
| A Contract that, in Exchange for the option price, gives the option buyer the right, but not the obligation, to Buy (or sell) a financial Asset at the Exercise price from (or to) the Option seller within a specified time period, or On a specified date (expiration date).
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