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Currency options

Former userFormer user8y ago

[Content removed at user request]

John MoffatJohn MoffatTutor8y ago#1
The option is the right to buy or sell at a fixed price on a future date. However you have to pay for that right. You buy the option (and pay a premium) and that then entitles you then to buy or sell the share/currency/futures at a fixed price on a future date.
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