POSTED BY October 16, 2012 1:40 am COMMENTS (5)ON
Can anyone please make me understand the meaning of ” Buyer of a call HAS RIGHT , but no OBLIGATION to exercise” whta does this mean has right but no obligation
And Seller of call has Obligation , but no right to refuse when exercise by buyer..(what does this line mean)
LAstly wht is the meaning of “he would square off”.
Thank you in advance in 1lot=100000thnxxxxx.