Options Theory: 241 (The Wiley Finance Series)

by PeterJames (Author)

• New

  Illustrated
  2002

  $133.43

  Options are a financial instrument that allows the purchaser of the option to either buy or sell shares or commodities on a specified date in the future, but there is no obligation to do so (hence, option). The purchaser must pay a premium to the seller but should the market go against the purchaser there is no requirement to exercise the right.