https://www.investopedia.com/terms/o/optionscontract.asp https://www.investopedia.com/terms/o/optionscontract.asp In terms of how the market maker is involved:

https://www.investopedia.com/terms/o/optionscontract.asp https://www.investopedia.com/terms/o/optionscontract.asp In terms of how the market maker is involved: https://www.projectfinance.com/options-market-maker/ https://www.projectfinance.com/options-market-maker/ hedging: https://www.projectfinance.com/what-is-delta-hedging/ https://www.projectfinance.com/what-is-delta-hedging/