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I have been a long-term investor for well... a long time. Thus I have never had an interest in option trading. That said, I know very little about it and when I read articles about how someone did such and such with options, my eyes tended to gloss over.

Now however, I have been handed some options by my employer. So I have to learn something about the game now.

Are these different than option traded on the market floor? If so, how? (Or perhaps better asked, what is the difference?)

Hope these questions aren't too general. Any text (book or article) recommendations would be welcome.


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