There's a call option contract of GM stock for $85.00 a contract, prior to the third Friday of October 2021 (the exp date): The option writer: O will sell 100 shares of GM for $85.00 on the third...


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There's a call option contract of GM stock for $85.00 a contract, prior to the third Friday of October 2021 (the exp<br>date): The option writer:<br>O will sell 100 shares of GM for $85.00 on the third Friday of October 2021 regardless of the market price of GM.<br>O has the right but is not required to sell 100 shares per contract of GM to the option holder should the option holder exercise<br>O has the option but not the requirement of selling 100 shares of GM for $85.00.<br>O is required to sell 100 shares per contract of GM to the option holder should the option holder exercise the option.<br>

Extracted text: There's a call option contract of GM stock for $85.00 a contract, prior to the third Friday of October 2021 (the exp date): The option writer: O will sell 100 shares of GM for $85.00 on the third Friday of October 2021 regardless of the market price of GM. O has the right but is not required to sell 100 shares per contract of GM to the option holder should the option holder exercise O has the option but not the requirement of selling 100 shares of GM for $85.00. O is required to sell 100 shares per contract of GM to the option holder should the option holder exercise the option.
85.00 a contract, prior to the third Friday of October 2021 (the expiration<br>Friday of October 2021 regardless of the market price of GM.<br>s per contract of GM to the option holder should the option holder exercise the option.<br>100 shares of GM for $85.00.<br>I to the option holder should the option holder exercise the option.<br>

Extracted text: 85.00 a contract, prior to the third Friday of October 2021 (the expiration Friday of October 2021 regardless of the market price of GM. s per contract of GM to the option holder should the option holder exercise the option. 100 shares of GM for $85.00. I to the option holder should the option holder exercise the option.

Jun 06, 2022
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