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Sep 19, 2019 at 17:25 comment added David Schwartz You can think of every stock you hold including a lottery ticket to big profits if the stock happens to go up a lot. Not everyone wants lottery tickets and if you wind up holding one you don't want, it makes sense to sell it to someone else who does want one.
Feb 20, 2018 at 17:06 comment added Keith This is the best answer and also corresponds correctly to why options where originally introduced into the stock market IMO.
Jul 10, 2017 at 14:38 history edited D Stanley CC BY-SA 3.0
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Jul 10, 2017 at 14:32 history answered D Stanley CC BY-SA 3.0