The trader receives a net credit of 10 cents on the trade and will attain the right to exercise the calls in the event that shares rally higher by about 8%.
If you purchase an option, you have the right to exercise it (with an American style option as most equities are) at any time in the expiration cycle.
So, for instance, in some societies, at some times, a hereditary monarch has been seen as having the right to exercise power.
Mrs May's message to the conference on Thursday was that the Conservative "free schools" policy would give teachers the right to exercise their professional judgement.
The media has the right to freedom but it must carry the responsibility to exercise that right judiciously.
The declaration stated that Sudan should be a secular state or, failing this, that the south should be able to exercise the right of self-determination.
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Participants welcomed another new law in the pipeline, on the transparency of state institutions to the mass-media, as another effective legal instrument to exercise the right to access information, which is judged to improve good governance and civil society participation in decision-making.
The convention acknowledges that the exercise of this right may be subject to certain restrictions.
The accountant in me questioned the exercise that the right side of my brain had created.
Iraq also will have the "primary right to exercise jurisdiction" over U.S. contractors and their employees under the agreement.
Iraq has the "primary right to exercise jurisdiction" over U.S. forces "for grave premeditated felonies, " the agreement says.
Iraq has the "primary right to exercise jurisdiction" over U.S. forces "for grave premeditated felonies, " the agreement reads.
An American living overseas has the right to vote and can exercise it through the last state where they lived before going abroad.
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But whatever the evolution, the same few suggestions continue to do the rounds: eat right, exercise more, drop stress and allow the body to do its thing.
U.S. President George W. Bush has said the United States will exercise its right to withdraw from the ABM treaty -- negotiated with the former Soviet Union -- after six months notice, if nothing can be worked out with the Russians.
One right enshrined in the Convention that makes the exercise of all the other human rights possible is the right to education.
Individual states did recognize a right to travel armed with a musket to meet the legal obligation to attend militia musters, but states and localities regulated the exercise of this right and in some cases prohibited traveling with a loaded weapon or discharging a weapon at or near a muster.
Our journey is not complete until no citizen is forced to wait for hours to exercise the right to vote.
Let the foxes exercise their right to take refuge in Trafalgar Square.
"Plaintiffs have not cited, and the court has not found, any case concluding that secular, for-profit corporations such as Hobby Lobby and Mardel have a constitutional right to the free exercise of religion, " the ruling said.
"We're hoping that there will not be anything by way of voter suppression efforts, where people will be challenged unnecessarily, or impediments will be placed in front of people who want to exercise the right to vote, " he told NPR's Farai Chideya.
The Court ruled that just because an agreement barred further exercise of the termination right, it did not run afoul of the statute which does not permit an initial agreement that prospectively eliminates the termination right.
ISOs are issued on a beginning date, known as the grant date, and then the employee exercises his or her right to buy the options on the exercise date.
Insofar as the scheme itself is concerned, Bob could exercise his right to contact the trustees and ask for a copy of the last valuation report (These have to be carried out at 3 yearly intervals).
The operation to right the Concordia is the biggest maritime salvage exercise ever undertaken with 111 divers working in shifts 24 hours a day from a floating accommodation support vessel tethered next to the wreck.
Organizations such as the Guttmacher Institute and Population Action International (PAI) state that the number seven billion reflects the urgent need for people to be able to exercise their right to determine the size and spacing of their families.
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Cameron "urged the Kenyan people to be proud of the strong signal they have sent to the world about their determination to exercise their democratic right peacefully, " the spokesman said.
Although the Copyright Act generally does not allow an artist or his heirs to agree not to exercise a termination right, the judge determined this did not apply to the 1992 agreement.
It is useful to recall that in the run-up to his decision to exercise America's right to withdraw from the Anti-Ballistic Missile Treaty -- a right conferred by the Treaty itself -- President Bush faced heated domestic and international criticism.
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And as difficult as it is to try and keep up what I try to do on the road, like occasionally exercise and try to eat right -- it's tough when the easiest food is pizza -- I just believe so strongly in who we are as a nation.
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