Thursday, August 02, 2007

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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