Template:Nutshell Equity Derivatives 2.3(b): Difference between revisions
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Amwelladmin (talk | contribs) (Created page with ":{{eqderivprov|2.3(b)}} “'''{{eqderivprov|Put}}'''” means an {{eqderivprov|Option Transaction}} entitling {{eqderivprov|Buyer}}: <br> ::(i) '''Where “'''{{eqderivprov|Ca...") |
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:{{eqderivprov|2.3(b)}} “'''{{eqderivprov|Put}}'''” means an {{eqderivprov|Option Transaction}} entitling {{eqderivprov|Buyer}}: <br> | :{{eqderivprov|2.3(b)}} “'''{{eqderivprov|Put}}'''” means an {{eqderivprov|Option Transaction}} entitling {{eqderivprov|Buyer}}: <br> | ||
::(i) '''Where “ | ::(i) '''Where “{{eqderivprov|Cash Settlement}}” applies''': To receive from {{eqderivprov|Seller}} the {{eqderivprov|Option Cash Settlement Amount}} (where the {{eqderivprov|Strike Price}} exceeds the {{eqderivprov|Settlement Price}}); and <br> | ||
::(ii) '''Where “ | ::(ii) '''Where “{{eqderivprov|Physical Settlement}}” applies''': To sell {{eqderivprov|Shares}} (or {{eqderivprov|Baskets}}) to {{eqderivprov|Seller}} at the {{eqderivprov|Settlement Price}} per {{eqderivprov|Share}} or {{eqderivprov|Basket}}. <br> | ||
Latest revision as of 12:20, 10 May 2022
- 2.3(b) “Put” means an Option Transaction entitling Buyer:
- (i) Where “Cash Settlement” applies: To receive from Seller the Option Cash Settlement Amount (where the Strike Price exceeds the Settlement Price); and
- (ii) Where “Physical Settlement” applies: To sell Shares (or Baskets) to Seller at the Settlement Price per Share or Basket.
- (i) Where “Cash Settlement” applies: To receive from Seller the Option Cash Settlement Amount (where the Strike Price exceeds the Settlement Price); and