Writer

Unless otherwise defined, this refers to the seller of an option. The writer must, irrespective of the current price of the underlying, sell the underlying to the buyer at the strike price (call option) or take delivery of the underlying from the buyer at the strike price (put option) by the expiration date when he exercises the option. – See Call.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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