Epstein File EFTA01393129: Holder (DS10)

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Epstein File EFTA01393129: Holder (DS10)

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This document provides educational information about American-style options, explaining that option holders may exercise options at any time until expiration and describing covered call writing strategies and premium exchanges.

👤 Named in This Document

Eric Holder

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Excerpt 1

Starting with the day it is purchased, an American-style option is subject to being exercised by the option **holder** at any time until the option expires

Excerpt 2

Unlike a **holder** of the underlying interest who has not written a call against it, the COV- ered call writer has (in exchange for the premium) given up