Not exact matches
A put
option on gold will be exercised early when deep ITM, because gold tends to hold its value whereas the
currency used as the strike is often expected to lose value through inflation if the
holder waits until final maturity to exercise the
option (they will almost certainly exercise a contract deep ITM, minimizing its time value).
A
currency option gives the
holder the right, but not the obligation, to exchange one
currency for another on a future date.
According to the Irish Times, virtual
currency holders in Dublin now have more payment
options for their cappuccinos and croissants as a brand new trendy café has opened in the city.