Epstein File EFTA01353411: Holder (DS10)

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⚡IMPACT LEVEL 3 — NOTEWORTHY

Epstein File EFTA01353411: Holder (DS10)

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This document contains definitions and explanations of options trading terminology, specifically defining opening transactions and closing transactions as they relate to option holders and writers. It explains how option holders establish, increase, reduce, or cancel positions through purchase, sale, and offsetting transactions.

👤 Named in This Document

Eric Holder

🔑 Evidence Keywords

📋 Key Excerpts3

PersonKeyword

Excerpt 1

OPENING TRANSACTION-This is a purchase or sale transaction by which a person establishes or in- creases a position as either the **holder** or the writer of

Excerpt 2

CLOSING TRANSACTION-This is a transaction in which, at some point prior to expiration, the option **holder** makes an offsetting sale of an identical option

Excerpt 3

A closing transaction in an option reduces or cancels out an investor's previous position as the **holder** or the writer of that option.