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⚡IMPACT LEVEL 3 — NOTEWORTHY

Epstein File EFTA01393099: Holder, Perform and Eric Holder (DS10)

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This document discusses options trading rules and systems, specifically referencing the Options Clearing Corporation (OCC). It explains how option holders and writers interact within the OCC's regulatory framework, detailing the rights and obligations of participants in options transactions.

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PersonKeyword
Excerpt 1
An option **holder** looks to the system created by OCC's rules, rather than to any particular option writer, for perform- ance of the option he owns.
Excerpt 2
Similarly, option writers must perform their obligations under the OCC system and are not obligated to any particular option **holder**.
Excerpt 3
Since every options transaction involves both a **holder** and a writer, it follows that the aggregate rights of op- tion holders under the system are matched

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