THOUGHT FOR THE DAY
Knowledge
"The only good is knowledge and the only evil is ignorance."
-Socrates
TOPIC OF THE DAY
What are Stock Options?
In their simplest form, stock options are a contract between two parties that expires at an agreed-upon time in the future. The contract purchaser is buying the right, but not the obligation, to buy (a "call" option) or sell (a "put" option) an asset (the "underlying") at a specific price, on or before the agreed-upon date. The contract seller is accepting the obligation to take the other side of the transaction.
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Operations Management by Terry Hill
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