The new, hip word for 'last resort' coined by the creative vocabularies in the united states senate.
by Brisk May 29, 2005
(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
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 4, 2005
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 June 30, 2013
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
The absurd concept of defining something that must be, when it might not.
Self contradicting term used by fucking idiots.
Malformed phrase created from the terms optional and requirement
Self contradicting term used by fucking idiots.
Malformed phrase created from the terms optional and requirement
by SmokerSmurf April 9, 2010
1. Option 9 (verb); To pleasure one's self, preferrably to pictures of HAW (Hot Asian Women)
2. Option 9 (noun); The option after Option 8, and before Option 10.
2. Option 9 (noun); The option after Option 8, and before Option 10.
by _c0dz August 4, 2008