 | 1988 - 238 σελίδες
...especially a futures contract. Option Contract: A contract purchased for an agreed sum of money, which gives the buyer the right, but not the obligation, to buy or sell an asset at a stipulated price during a specified time period. Option Writer: A person who sells an option... | |
 | 1993 - 630 σελίδες
...options on the official market also coincided with the advent of the clearing house. An option gives the buyer the right, but not the obligation, to buy or sell (or both) an agreed quantity of metal for delivery at a fixed price in the future. Options offer greater... | |
 | United States. General Accounting Office - 1991 - 56 σελίδες
...precious metals, currency, and government securities. In contrast, a commodity futures option gives the buyer the right, but not the obligation, to buy or sell a futures contract. For this right, the buyer pays the seller a premium. Risks investors, including... | |
 | David Blake - 1995 - 640 σελίδες
...case is to buy an option contract, in this case a put option contract. An option gives to its holder the right, but not the obligation, to buy or sell an underlying security at a fixed price (the exercise price or strike price) at or before a specific date (the maturity... | |
 | Burton Gordon Malkiel - 1996 - 532 σελίδες
...is only natural to trade derivatives on derivatives. A stock option, just as the name implies, gives the buyer the right (but not the obligation) to buy or sell a common stock (or group of stocks) at a specific price on or before a set date. For example, a call... | |
 | Robert J. Schwartz, Clifford W. Smith - 1997 - 766 σελίδες
...determined by changes in the three-month Euroyen deposit rate. A futures option is a contract that gives the buyer the right, but not the obligation, to buy or sell a futures contract at a stipulated price on or before some specified expiration date. 17. The full... | |
 | Cecile O. Trop - 1997 - 54 σελίδες
...precious metals, currency, and government securities. In contrast, a commodity futures option gives the buyer the right, but not the obligation, to buy or sell a futures contract. For this right, the buyer pays the seller a premium. Risks investors, including... | |
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An option is a contract giving the buyer the right, but not the obligation, to buy or sell an underlying asset, at a specific price, on or before a certain date. 
