Where the underlying instrument is itself a derivative product, such as a futures contract, there will be no cash value paid or received upon expiry of the option.

Name: Where the underlying instrument is itself a derivative product, such as a futures contract, there will be no cash value paid or received upon expiry of the option.
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Question

Quizplus · Accepted Answer

The underlying instrument is a derivative product, so there is no cash value paid or received upon expiry of the option.

Where the Underlying Instrument Is Itself a Derivative Product, Such