Assertion: call's option | /r/CapableOf | buy asset
Facets:
value: at a set price
type: MANNER
value: at the lower strike point
type: TEMPORAL
Source sentences:
text: A "call" or call option is a right to buy an asset at a predetermined price.
text: Practical reasons – for example, where a property developer wishes to lock in the option to buy a property at a set price, but subject to its right to obtain development approvals for the land and determine a final buying entity; or Tax reasons for long sales – using an Option Agreement can defer tax or duty liabilities until a period more convenient for one of the parties, such as the next financial year for CGT purposes, or closer to the anticipated settlement date.
text: However, if the asset goes higher than your short call strike point, you have the option to buy the asset at the lower strike point (long call), which is below current market value.