但当市场崩溃、资产价格跌落到行权价格以下时，问题就出现了。
The problem comes when the market crashes and prices drop below the strike price of the option.
你还可以从一系列行权价格和到期日中做选择，具体取决于你的风险承受意愿。
You also can choose from an array of strike prices and expiration dates depending on your appetite for risk.
投资者愿意支付的期权价格取决于一系列因素，包括利率以及标的资产的市场价格和行权价格的关系。
The price an investor is willing to pay for an option depends on a number of factors including interest rates and the relationship between the market price and the exercise price.
如果亚马逊或你买的其他任何股票到期的价格低于行权价，你将继续拥有这些股票，但你持有的价格将比你当初直接买进时的价格有所降低。
And if Amazon or whatever stock you buy isn't trading at or above the strike price when the options expire, you'll still own the shares, but at a lower cost than if you had just bought them outright.
一种只允许持有者在到期日行权的期权或权证。
A type of option or warrant which allows the holder to exercise only on the expiry date.
期权中的行权条款，允许期权持有人在期权到期前的任何时候行权。
A provision that permits exercise of an option any time prior to expiration.
同时，按照该期权的行权价格与时间价值之和，确认继续涉入形成的负债。
At the same time, it shall recognize the liability formed by its continuous involvement according to the aggregate option exercise price and the time value.
行权期限作为股票期权激励机制的基本要素之一，是影响股票期权激励机制发挥作用的关键。
As one of the basic elements of stock option incentive mechanism, the vesting period is the key role affecting stock option incentive mechanism.
本文研究了我国上市公司股票期权激励计划草案公告日和行权日前后的股价行为和公司披露行为。
This paper investigates stock price behavior and corporate disclosure patterns around the draft announcement dates and the exercise dates of stock option plans.
行权的内在准绳是“义”，可以分为具体规范的损益、角色转换、取大舍小、诉诸更高原则等运用模式。
There are four usage modes, instructed by "Justice", such as profit and loss in concrete rules, changing role, seeking larger and neglecting smaller, appealing to higher.
此外，本文还选取了两个案例来展示管理者利用信息披露帮助其获得有利的行权日股价和卖出股票时的股价。
Additionally, this paper also provides two cases showing how the managements use disclosures to seek favorable stock prices on the exercise dates and on their selling dates.
在股票期权定价博弈分析时，探讨了通过一次博弈与重复博弈合理确定股票期权计划中的行权价，并进行了实例分析。
The reasonable exercise prices of stock option plan through single game and repeated game are discussed and an example is presented.
在股票市场这一轮牛市的作用下，认沽权证到期时都属于价外权证，没有行权可能，因此，对标的股票价格及成交量不产生影响。
Under the round of bull market, all of the put warrants are out of money and impossible to exercise. Therefore, they cause no effects on underlying securities.
人人IPO的承销商队伍包括摩根士丹利（Morgan Stanley）、德意志银行（Deutsche Bank）和瑞信（Credit Suisse）等投行。 这些承销商拥有一项超额发行权，如果需求很高的话，他们有权额外销售800万股。
Underwriters – led by Morgan Stanley, Deutsche Bank and Credit Suisse – have a greenshoe option to sell another 8 million shares if demand is high.
第三条公证处是依法统一行使国家证明权的专门证明机构。
Article 3 "Notary office" means the special certification institution that uniformly exercises the national certification rights according to law.
在这个城市大大小小的车辆上，你都会看到车牌照上印着一行简短却充满愤怒的口号：纳税却没有代表权。
YOU see it printed on car licence-plates all over town: a grumpy little line saying "Taxation without Representation".
第10行到第12行显示了应用程序如何请求对客户机环境的完全访问权。
Lines 10-12 show how an application can request full access to a client's environment.
上面一行将导致一旦已经定义了业务规则，JSP就拥有对由个性化填充到LayoutChoiceContentSpotbean的内容的访问权。
The above line will cause the JSP to have access to content populated in the LayoutChoiceContentSpot bean by personalization once we have defined a business rule.
委托人逾期不支付报酬的，行纪人对委托物享有留置权，但当事人另有约定的除外。
If the truster fails to pay remuneration as scheduled, the broker shall enjoy the right of lien on the commissioned articles, unless the parties stipulate otherwise.
委托人逾期不支付报酬的，行纪人对委托物享有留置权，但当事人另有约定的除外。
Where the trustor fails to pay the remuneration within the prescribed period, the trustee-trader is entitled to a possessory lien on the trust item, except otherwise agreed by the parties.
选举权必须普及而平等，并应以无记名投票法行之，以保证选民意志之自由表现。
Such elections shall be run by universal and equal suffrage and shall be held by secret ballot, guaranteeing the free expression of the will of the electors.
选举权必须普及而平等，并应以无记名投票法行之，以保证选民意志之自由表现。
Such elections shall be run by universal and equal suffrage and shall be held by secret ballot, guaranteeing the free expression of the will of the electors.
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