Chapter 04 · Section 4.1

Orders 2

If an order for a security can read: Buy ten AT&T market

Can an order for an option on a security read as follows? Buy ten AT&T options market

• a) no
  Yes. Much more information is needed to order an options trade, because many different options may be traded for a single underlying security. (These include strike price, delivery month, call or put etc.) Continue
  b) yes

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