The original or first seller of the option is known as the ________.

Question

Quizplus · Accepted Answer

The original or first seller of the option is known as the writer. This is because they are the ones who create and sell the option to a buyer, who then has the right to exercise the option at a later date. Option brokers, option commission merchants, and clearing members are all involved in the trading and clearing of options, but they are not the original sellers of the option.

The Original or First Seller of the Option Is Known