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In finance, the expiration date of an option contract (represented by Greek letter tau, τ) is the last date on which the holder of the option may exercise it according to its terms. [1] In the case of options with "automatic exercise", the net value of the option is credited to the long and debited to the short position holders.
For example, a 5/1 Hybrid ARM may have a cap structure of 5/2/5 (5% initial cap, 2% adjustment cap and 5% lifetime cap) and insiders would call this a 5-2-5 cap. Alternatively, a 1-year ARM might have a 1/1/6 cap (1% initial cap, 1% adjustment cap and 6% lifetime cap) known as a 1-1-6, or alternatively expressed as a 1/6 cap (leaving out one ...
A player has a finite number of option years in which he may be moved between the major and minor leagues up to five times per season as of 2022; previously, a player could be optioned an unlimited amount of times subject to the 15 day wait period for pitchers and two-way players and 10 day wait period for hitters except when either the "27th ...
Passengers on the company’s cruises have the option of renting or buying a cabin. Those that rent can do so for as little as 35 days, buying as many segments as they would like. Buying a cabin ...
In finance, an option is a contract which conveys to its owner, the holder, the right, but not the obligation, to buy or sell a specific quantity of an underlying asset or instrument at a specified strike price on or before a specified date, depending on the style of the option.
The Running Start program in Washington state was piloted in the early 1990s and officially approved to begin in the fall of 1993.. Running Start provides up to two years of paid tuition at any of Washington's community and technical colleges, and at Central Washington University, Eastern Washington University, Washington State University, and Northwest Indian College. [9]
In 2013, it announced that start-stop technology would be brought into the second generation Ford Fusion models, and it built start-stop systems into the Ford F150 2015 model for the first time as a standard feature rather than an option. [34] Formerly, only the 2.7-liter turbocharged V-6 version came with stop-start, which requires a more ...
The triple option can be complemented by fixed running plays which look like the triple option when they start, but use traditional blocking, as well as play-action passing. There are three basic forms of triple option: the wishbone triple option, the veer triple option, and the I formation triple option. These differ in terms of the personnel ...