The new, hip word for 'last resort' coined by the creative vocabularies in the united states senate.
by Brisk June 3, 2005
Get the nuclear option mug.(FINANCE) a tradable financial instrument that consists of a commitment to buy a fixed amount of X at a fixed price (known as a "strike price"). Put options are the opposite of a call option, in which ones to sell a fixed amount of X at strike.
Put options are useful to traders interested in covering risk. They guarantee a minimum price at which one can expect to sell one's holdings of X.
When the strike price of a put is less than the spot price, then it is "out of the money" and has no intrinsic value.
Put options are useful to traders interested in covering risk. They guarantee a minimum price at which one can expect to sell one's holdings of X.
When the strike price of a put is less than the spot price, then it is "out of the money" and has no intrinsic value.
Buying put options is a way of shorting a stock; but it can also be used as a hedge against unpleasant surprises.
by Abu Yahya April 15, 2010
Get the put option mug.(FINANCE) a type of financial derivative; a certificate that gives the owner the right to buy (or sell) a fixed amount of a specific thing for a specific price (the strike price).
An option to buy something else is called a call option; an option to sell something else is called a put option. An option has a strike price, which is the price at which you are entitled to buy (or sell) the underlying commodity, or stock, or foreign currency, or whatever.
Options allow the owner to speculate in the possibility that market prices will change in a certain direction, without actually spending the value of the underlying item. For example, suppose WTI crude is $85.75/bbl. In order to make $1000 off of a $0.25 increase in the price, you ordinarily would need to own 4000 bbls of crude, which you can't afford. So, instead, you buy a call option for 4000 bbls with a strike price of $85.75/bbl (i.e., exactly what it is now). This option will cost a tiny amount of money. If the price goes up to $86.00/bbl, you don't own the oil, but your options are now worth $1000 to somebody who wants to buy that oil.
An option with intrinsic value (for example,a call option whose strike price is less than the spot price) is "in the money." An option with no intrinsic value is "out of the money."
An option to buy something else is called a call option; an option to sell something else is called a put option. An option has a strike price, which is the price at which you are entitled to buy (or sell) the underlying commodity, or stock, or foreign currency, or whatever.
Options allow the owner to speculate in the possibility that market prices will change in a certain direction, without actually spending the value of the underlying item. For example, suppose WTI crude is $85.75/bbl. In order to make $1000 off of a $0.25 increase in the price, you ordinarily would need to own 4000 bbls of crude, which you can't afford. So, instead, you buy a call option for 4000 bbls with a strike price of $85.75/bbl (i.e., exactly what it is now). This option will cost a tiny amount of money. If the price goes up to $86.00/bbl, you don't own the oil, but your options are now worth $1000 to somebody who wants to buy that oil.
An option with intrinsic value (for example,a call option whose strike price is less than the spot price) is "in the money." An option with no intrinsic value is "out of the money."
BILL: So, options are just like gambling, am I right?
ANNA: For most people. But if you're already in the business of buying or selling a particular thing, an option can protect you against a bad price movement.
BILL: But options on stocks? I mean, unless a company wants to reward its own executives, or something?
ANNA: Well, you might need options on stocks to hedge risk, if you're a fund manager. That way you can focus on long-run investing.
ANNA: For most people. But if you're already in the business of buying or selling a particular thing, an option can protect you against a bad price movement.
BILL: But options on stocks? I mean, unless a company wants to reward its own executives, or something?
ANNA: Well, you might need options on stocks to hedge risk, if you're a fund manager. That way you can focus on long-run investing.
by Abu Yahya April 5, 2010
Get the option mug.exercise the option: definition when someone has several sexual options available to them...example: if a girl has lots of guys calling all the time, or vice versa and the person decides to go ahead and have sex with one of the people she/he is said to have "exercised the option"
Keisha has so many options cuz guys call her all the time to hang, and she decided to exercise the option last night when she slept with Kevin.
by Doe and Done November 5, 2005
Get the exercise the option mug."A professional who has the ability to offer one or more options to somebody else (asker). The option(s) given usually enlight a new path to follow in order to create a better reality or solve a problem. An optionist never gives consultance on which option is more appropriate to follow",
Lets say that there is a couple, whose property (house +land) has become to expensive to live in. The couple decides to contact an optionist, who examines the situation of the house owners and gives them different options on what to do.
Options
1. Couple may sell the entire property
2. Couple may sell the land around the house, make some money and still live in their house
3. Couple can rent their house and move in a more convenient place
Options
1. Couple may sell the entire property
2. Couple may sell the land around the house, make some money and still live in their house
3. Couple can rent their house and move in a more convenient place
by Fadjo (Daniel F.) September 23, 2015
Get the Optionist mug.A northern english term used to describe a better decision. It stems back from when a Bradford City football (soccer) game sold out of seats. The commentator joked about how he would use a blimp to see the awesome match continue before his eyes if he did not have a seat. The other commentator laughed and the term soon became frequent in Bradford City chants and other every-day usage.
Cop 1: FUCK! hes getting away
Cop 2: oh dear lord, hes actually lost us!
Cop 1: if only we had been able to us that damned blimp option..
Cop 2: shit i know man.. i know..
Cop 1: next time ey?
Cop 2: yeah..
Cop 2: oh dear lord, hes actually lost us!
Cop 1: if only we had been able to us that damned blimp option..
Cop 2: shit i know man.. i know..
Cop 1: next time ey?
Cop 2: yeah..
by The Lockwood March 2, 2009
Get the Blimp Option mug.1. n. in a number of choices, the one considered to be easy or the easiest to do, involving the least difficulty or exertion.
2. n. the easiest of two or more possible choices.
2. n. the easiest of two or more possible choices.
Chemical castration: the soft option? More than 100 British sex offenders have volunteered for 'chemical castration'. But do the drugs make them harmless? (Aitkenhead, Demma. The Guardian. Chemical castration: the soft option? Article published 18 January 2013.)
See doss.
"It looks easy, this, but it's not. It looks like a doss, like a soft option." Mark Renton in _Trainspotting_, describing using heroin.
See doss.
"It looks easy, this, but it's not. It looks like a doss, like a soft option." Mark Renton in _Trainspotting_, describing using heroin.
by Smartjanitor July 17, 2013
Get the soft option mug.