Question
Linda writes an option contract obligating her to sell 100 shares of Southwest Airlines at $10 per share if the holder exercises the option. If
Linda writes an option contract obligating her to sell 100 shares of Southwest Airlines at $10 per share if the holder exercises the option. If this is a naked option, what does this mean?
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Handbook Of The Economics Of Finance
Authors: George M. Constantinides, Milton Harris, Rene M. Stulz
1st Edition
044459406X, 978-0444594068
