One option is that a buyer emerges for the company's renewal rights and the infrastructure.
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Default swaps in essence grant an option on default to the buyer of protection.
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The SPDR would have to fall by nine points for the buyer of the option to want to use it.
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John Gorle from the trade union USDAW, said the "only option" was to find a buyer.
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The classic commodity option is a contract that gives the buyer the right, but not the obligation, to buy or sell something at a particular price.
FORBES: Hedging For Dummies
The rules currently give a buyer's broker the option--but not mandate--to buy-in the short-seller's undelivered shares--that is, purchase the undelivered shares in the market and charge the seller's broker the cost of doing so.
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It has the option to either buy the stock itself or find another buyer within 30 days who is willing to pay the same price.
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Confederate now offers clientele the option of customizing a bike online so that it better fits the buyer's height and weight.
FORBES: Easy Designer
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