First Extension Option shall have the meaning set forth in Section 2.6.1 hereof. Call Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and payment of the exer...
Futures Optionmeans anOptions Market Contractin respect ofwhich theUnderlying Financial Productis aFutures Market Contract. Sample 1Sample 2Sample 3 Futures Optionmeans a put orcall optionon futures traded on any exchange. Sample 1 Futures Optionmeans an option or Chapter 8rightto assume, at aspec...
(in the case of a put) the underlying instrument. That will happen if the investor who holds the option decides to exercise it and you're assigned to fulfill the obligation. To neutralize your obligation to fulfill the terms of the contract before an option you sold is exercised, you may...
1 : an option contract involving stock 2 : a right granted by a corporation to officers or employees as a form of compensation that allows purchase of corporate stock at a fixed price usually within a specified period Examples of stock option in a Sentence Recent Examples on the Web ...
8. Moneyness of an Option Contract← Previous Chapters Next → 8.1 – Intrinsic Value The moneyness of an option contract is a classification method wherein each option (strike) gets classified as either – In the money (ITM), At the money (ATM), or Out of the money (OTM) option. ...
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contract. If the price does rise, the holder may buy and resell the underlying asset for aprofit. If the price does not rise, the option expires and the holder'slossis limited to the price of buying the contract. Call options may be used on their own or in conjunction withput options...
An Option Contract is a long-established legal structure where a seller agrees to sell the property in question for a price (the “purchase price”) which is to be paid within a specified time frame (the “option period”), if and when the purchaser determines that the purchase is in his...
The article discusses the increase of laid-off lawyers in the U.S. despite the cost-cutting efforts of corporate employers who have increased the number of temporary and contract lawyers and other legal jobs. According to an analysis from Charles Volkert, executive director of Robert Half Legal...
Under the Negotiated Contract Option, the Interconnection Customer and the Interconnected Transmission Owner may agree to terms different from those included in theStandard Optionof Section 3.2.1 above and the corresponding standard terms set forth in the applicable provisions of Part VI of the Tariff...