Concerning foreign currency trading, an option contract provides the holder the right to buy or sell a fixed amount of currency at a prearranged price within a few days or a couple of years.

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An option contract in foreign currency trading provides the holder the right to buy or sell a fixed amount of currency at a prearranged price within a specific time period, typically ranging from a few days to a couple of years.

Concerning Foreign Currency Trading, an Option Contract Provides the Holder