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Derivatives

  Derivatives   |   Terms
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  • March 31, 2022
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Call or Put

An option (or warrant) with an embedded provision giving the purchaser the right to designate it as either a call or a put for a limited period of time after it is offered. It is also called as-you-like warrant, chooser option, switchback option, switchback warrant, you-choose warrant, or hermaphrodite option.

It is not to be confused with CoP (call on put).


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