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Asymmetry - option ((See Chapter 24 of the Vernimmen))
An option contract is fundamentally asymmetrical: each part does not have the same rights or the same obligations. The buyer of any option has the right to exercise it, but not the obligation, whereas the seller is obliged to exercise at the buyer’s request.
Asymmetry - option ((See Chapter 24 of the Vernimmen))
An option contract is fundamentally asymmetrical: each part does not have the same rights or the same obligations. The buyer of any option has the right to exercise it, but not the obligation, whereas the seller is obliged to exercise at the buyer’s request.
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