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To implement the right of the holder of an option to buy (in the case of a call) or sell (in the case of a put) the underlying security.

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Related Articles
Underlying security
Exercising the option
Exercise value
Exercise settlement amount
Exercise price
Exercise notice
Exercise limit
European-style exercise

Similar Areas

Finance Items

Selected Books

Keywords

Exercise

right of the holder

option to buy

option to sell

underlying security