Assertion: put's obligation | /r/CapableOf | buy underlying security
Facets:
value: at the strike price
type: MANNER
Source sentences:
text: This contract gives the holder the right, but not the obligation, to buy or sell an underlying security at a specific price, known as the strike price, by an expiration date.
text: The buyer of options has the right, but not the obligation, to buy or sell an underlying security at a specified strike price, while a seller is obligated to buy or sell an underlying security at a specified strike price if the buyer chooses to exercise the option.
text: For the writer (seller) of a put option, it represents an obligation to buy the underlying security at the strike price if the option is exercised.
text: A call option gives the buyer or holder the right, but not the obligation, to buy the underlying security at a predetermined strike price on or before the expiration date.