Question: Derivatives are Zero - Sum Games because: a . Derivatives do not create any gain or loss to any trader in the markets. b .

Derivatives are Zero-Sum Games because:
a. Derivatives do not create any gain or loss to any trader in the markets.
b. A traders gain from a derivatives contract is the counterpartys loss.
c. The sum of gain and loss from both sides of a derivatives contract is less than zero.
d. All of the above

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