A put contract gives its owner the right to sell 100
shares of an underlying stock at a predetermined price (the strike) prior to the expiration date of the contract.
A call contract gives its owner the right to purchase 100
shares of an underlying stock at a predetermined price (the strike) prior to the expiration date of the contract.
For call options, the options holder can demand that the options seller sell
shares of the underlying stock at the strike price.
For put options, it is the converse, where the options holder may demand that the options seller buy
shares of the underlying stock at the strike price.
The seller of a call option, also referred to as a writer, is obligated to sell
the shares of the underlying stock at the strike price if a buyer decides to exercise the option to buy the stock.
If assignment occurs or the strike price is in - the - money at expiration, then the writer is obligated to sell
the shares of the underlying stock at the option contract's strike price.
Conversely, when you sell a call option, you must sell
shares of the underlying stock at the specified price when the option is exercised.
A put option gives its owner the right to sell
shares of the underlying stock at the strike price.
A call option gives its owner the right to buy
shares of the underlying stock at the strike price.
It gives them the right to sell
shares of the underlying stock at the strike price prior to the expiration date.
You must then buy the 100
shares of the underlying stock at the strike price.
When the stock declines, they have the right to sell
their shares of the underlying stock at a higher specified price - and walk away with a profit.
An option contract that gives its holder the right (but not the obligation) to purchase a specified number of
shares of the underlying stock at the given strike price, on or before the expiration date of the contract.
Not exact matches
As
of March 31, 2018, Amarin had approximately 293.6 million American Depository
Shares (ADSs) and ordinary shares outstanding, 32.8 million common share equivalents of Series A Convertible Preferred Shares outstanding and approximately 25.7 million equivalent shares underlying stock options at a weighted - average exercise price of $ 3.35, as well as 12.4 million equivalent shares underlying restricted or deferred stock
Shares (ADSs) and ordinary
shares outstanding, 32.8 million common share equivalents of Series A Convertible Preferred Shares outstanding and approximately 25.7 million equivalent shares underlying stock options at a weighted - average exercise price of $ 3.35, as well as 12.4 million equivalent shares underlying restricted or deferred stock
shares outstanding, 32.8 million common
share equivalents
of Series A Convertible Preferred
Shares outstanding and approximately 25.7 million equivalent shares underlying stock options at a weighted - average exercise price of $ 3.35, as well as 12.4 million equivalent shares underlying restricted or deferred stock
Shares outstanding and approximately 25.7 million equivalent
shares underlying stock options at a weighted - average exercise price of $ 3.35, as well as 12.4 million equivalent shares underlying restricted or deferred stock
shares underlying stock options
at a weighted - average exercise price
of $ 3.35, as well as 12.4 million equivalent
shares underlying restricted or deferred stock
shares underlying restricted or deferred
stock units.
With respect to Awards granted to an Outside Director that are assumed or substituted for, if on the date
of or following such assumption or substitution the Participant's status as a Director or a director
of the successor corporation, as applicable, is terminated other than upon a voluntary resignation by the Participant (unless such resignation is
at the request
of the acquirer), then the Participant will fully vest in and have the right to exercise Options and / or
Stock Appreciation Rights as to all
of the
Shares underlying such Award, including those
Shares which would not otherwise be vested or exercisable, all restrictions on Restricted
Stock and Restricted
Stock Units will lapse, and, with respect to Awards with performance - based vesting, all performance goals or other vesting criteria will be deemed achieved
at one hundred percent (100 %)
of target levels and all other terms and conditions met.
When you sell a covered call, also known as writing a call, you already own
shares of the
underlying stock and you are selling someone the right, but not the obligation, to buy that
stock at a set price until the option expires — and the price won't change no matter which way the market goes.1 If you didn't own the
stock, it would be known as a naked call — a much riskier proposition.
When the
stock is trading
at $ 65, suppose you decide to purchase the 62 XYZ Company October put option contract (i.e. the
underlying asset is XYZ Company
stock, the exercise price is $ 62, and the expiration month is October)
at $ 3 per contract (this is the option price, also known as the premium) for a total cost
of $ 300 ($ 3 per contract multiplied by 100
shares that the option contract controls).
For example, a trader anticipates that the
share price
of IBM is about to go up in the near future, he buys the
stock futures
of IBM
at the
underlying price.
So, if you exercise a call, you're buying 100
shares of the
underlying stock; if you exercise a put, you are selling the
underlying 100
shares at a stated price — known as the «strike price.»
In other words, if I already like the
underlying stock — and if I think it's already trading
at a reasonable price — then if I'm «stuck» holding
shares at expiration (April 24) then that's perfectly fine with me: I can simply collect the
stock's growing dividend while waiting for a new opportunity to sell another round
of covered calls.
To purchase a call option with a strike price
of $ 35 means placing a bet that the
underlying stock price will increase to
at least $ 35 per
share before a certain date.
In other words, if I already like the
underlying stock — and if I think it's already trading
at a reasonable price — then if I'm «stuck» holding
shares at expiration (May 15) then that's perfectly fine with me: I'll simply collect a growing dividend while waiting for a new opportunity to sell another round
of covered calls.
The warrants feature full anti-dilution protection, including preservation
of the right to convert into the same percentage
of the fully - diluted
shares of the Company's common
stock that would be outstanding on a pro forma basis giving effect to the issuance
of the
shares underlying the warrants
at all times, and «full - ratchet» adjustment to the exercise price for future issuances (in each case, subject to certain exceptions), and adjustments to compensate for all dividends and distributions.»