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⚡IMPACT LEVEL 3 — NOTEWORTHY

Epstein File EFTA01353452: Holder (DS10)

General DocumentDate unavailableEFTA013534521 keyword hits
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This document discusses the financial risks associated with holding put options, particularly when trading restrictions are imposed by the Options Clearing Corporation (OCC). It explains scenarios where put holders could lose their entire investment if exercise prohibitions remain in effect until expiration, and addresses the potential for options to expire worthless. No specific individuals, dates, or transactions are identified in the excerpt.

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Excerpt 1
The **holder** of such a put could lose his entire investment in the op- tion if the prohibition remained in effect until the put's expiration and the **holder**
Excerpt 2
The put **holder** might be unable to do either because the very event that caused OCC to impose the exercise prohibition-e.g., a suspension of trading in
Excerpt 3
possibility that the restriction were to remain in effect until the expiration of the which has never yet occurred-the option would ex- pire worthless, and the **holder**

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