Template:M summ Equity Derivatives 2.2: Difference between revisions

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[[Option Style - Equity Derivatives Provision|The]] {{eqdefs}} contemplate three kinds of options:
[[Option Style - Equity Derivatives Provision|The]] {{eqdefs}} contemplate three kinds of options:


*'''European Option''': you can only exercise on the {{eqderivprov|Exercise Date}}, usually the {{eqderivprov|Expiry Date}} of the {{eqderivprov|Transaction}}.
*'''European Option''': you can only exercise on the {{eqderivprov|Exercise Date}}, usually the expiry date of the {{eqderivprov|Transaction}}.
*'''American Option''': you can exercise on any date during an {{eqderivprov|Exercise Period}} — so you need also to specify a {{eqderivprov|Commencement Date}}.
*'''American Option''': you can exercise on any date during an {{eqderivprov|Exercise Period}} — so you need also to specify a {{eqderivprov|Commencement Date}}.
*'''{{eqderivprov|Bermuda Option}}''': you can exercise on specified {{eqderivprov|Potential Exercise Date}}s only during an {{eqderivprov|Exercise Period}}, so while it sort of might help to have a {{eqderivprov|Commencement Date}}, you don’t strictly need one. Disappointingly, Bermuda Options don’t disappear without warning
*'''{{eqderivprov|Bermuda Option}}''': you can exercise on specified {{eqderivprov|Potential Exercise Date}}s only during an {{eqderivprov|Exercise Period}}, so while it sort of might help to have a {{eqderivprov|Commencement Date}}, you don’t strictly need one. Disappointingly, Bermuda Options don’t disappear without warning when on a routine training mission over Fort Lauder ... HANG ON I HAVE JUST [[Flight 19|REALISED OH MY GOD]]


To our way of thinking Americans are best AND YOU DON’T HEAR THE [[JC]] SAY ''THAT'' VERY OFTEN.
To our way of thinking Americans are best AND YOU DON’T HEAR THE [[JC]] SAY ''THAT'' VERY OFTEN.<ref>Actually, when it comes to rock ’n’ roll, you do.</ref>
 
Actually, when it comes to rock ’n’ roll, you do.