The Concept of Value
My buddy Joe Lee and I had a short discussion about the concept of value recently. It all started when he insisted that Options Trading does not add value to humanity. I agreed with that, but mentioned that the act of Options Buying and Selling itself does add value to a system. For those of my readers not familiar with financial instruments, I"m talking about Equity Options here. When you purchase an Equity Option, you are entering into a contract with the seller of the option, where you have an option to purchase a certain number of that particular company"s shares from the seller at an agreed price by a certain date. ...
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