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⚡IMPACT LEVEL 3 — NOTEWORTHY

Epstein File EFTA01353410: Holder (DS10)

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This document is an educational text explaining options trading terminology, specifically defining 'premium' as the price paid by an option holder to an option writer for the rights conveyed by an option contract. It describes premium as a nonrefundable payment determined by market transaction between holders and writers. No specific individuals, dates, or transactions are identified.

👤 Named in This Document
Eric Holder
🔑 Evidence Keywords

📋 Key Excerpts3

PersonKeyword
Excerpt 1
PREMIUM-The premium is the price that the **holder** of an option pays and the writer of an option receives for the rights conveyed by the option.
Excerpt 2
It is the price set by the **holder** and writer, or their brokers, in a transac- tion in an options market where the option is traded.
Excerpt 3
It is simply and entirely a nonrefundable payment in full-from the option **holder** to the option writer-for the rights con- veyed by the option.

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Source: U.S. Department of Justice

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