Copyright © 2004-2008 Delta Interval, Inc.(www.deltainterval.com), All Rights Reserved. Legal Notice.
What is an Option?
An Option is a contract between two investors, a buyer (holder) and a writer (seller).
A holder is the person who bought the option, and the writer is the person who sold the option.
An option holder has the right but not the obligation to buy or sell the underlying security.
An option writer has the obligation but not the right to buy or sell the underlying security.
Copyright © 2004-2008 Delta Interval, Inc.(www.deltainterval.com), All Rights Reserved. Legal Notice.