EFTA Document EFTA01353497

realizing profit or loss on a delayed start option before its exercise price has been set, or on a European-style or capped option when the option is not exercisable, is by selling the option in a dosing transaction. The first full paragraph through the sixth paragraph on page 14 of the Booklet are replaced with the following: AT THE MONEY This term means that the cur- rent market value of the underlying interest is the same as the exercise price of the option. A range option, which is