The seller of an option can never make any money from a change in the value of

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The seller of an option can never make any money from a change in the value of the underlying asset; he or she can only hope that the option will not be exercised and that and he or she will not lose any money. Given that this is the case, why do people sell options?

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Fundamentals of corporate finance

ISBN: 978-0470876442

2nd Edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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