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| 12169. OPTIONS TRADING. This paper outlines the basics of options trading on both stock and commodity exchanges. The discussion focuses on the types of options that are bought and sold on these exchanges, the 'logic' behind the pricing of options, the advantages and strategies used in options trading, and concludes with a brief explanation of how options differ from other financial instruments such as futures and forward contracts. 15P., 24f., 16b. |
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