Epstein File EFTA01353502: Holder (DS10)

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Epstein File EFTA01353502: Holder (DS10)

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This document contains an explanation of put option mechanics and investor losses. It illustrates a scenario where an investor who paid $100 for a put option on XYZ would incur a $96 loss if the exercise settlement value reaches $79 at expiration. The excerpt demonstrates financial instrument valuation but does not identify specific parties, dates, or actual transactions.

👤 Named in This Document

Eric Holder

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Excerpt 1

If the exercise settlement value of XYZ is $79 at expiration, the investor will incur a loss of $96 (the $100 paid to the **holder** of the put option less