Writer

The term used for the individual or institution selling an option and therefore granting the right to exercise it to the buyer of the option.

Similar financial terms

Underwriter
A party that guarantees the proceeds to the firm from a security sale, thereby in effect taking ownership of the securities. Or, stated differently, a firm, usually an investment bank, that buys an issue of securities from a company and resells it to investors.

Option writer
An option writer is the option seller.

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LEL

Lower Earnings Limit


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