Wow, thanks for such a descriptive response! That's been really helpful for me.
I guess my only other question is - how do I physically exercise the options if I want to do it before the expiry, do I need to call someone? How do I know if the Options I have are put or call?
Sorry to hijack this thread with my questions, but I'm having a lot of fun learning about all this!
Thanks again
rise & rise, page-32
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