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⚡IMPACT LEVEL 3 — NOTEWORTHY

Epstein File EFTA01393128: Holder (DS10)

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This document contains technical analysis of options trading and put option mechanics. The excerpt discusses the financial risks to put option holders, including potential total loss of investment if exercise prohibitions remain in effect until expiration, and the possibility of options expiring worthless.

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PersonKeyword
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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