Switching Option

Switching Option

An option, the exercise of which creates one or more options. The most basic example of this is a compound option, which is an option on an option. A reload stock option may also be a switching option. Switching options may be useful if an investor believes he/she can secure a lower (in the case of a call) or higher (in the case of a put) strike price.
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We analyze three main options: investment on only one project; investment to benefit from the switching option at any time during the management period, and finally investment on a given project plus purchase of the option to get the maximum of the P&L at maturity.
312) defines a switching option where the management can switch either inputs or outputs during the production process.
The new Ashcroft[R] industrial digital gauge from Dresser Instruments introduces the distinguishing features of 4-20 mA output and a switching option of one or two SPDT switches to combine indication, transmission and switching capability into one durable and economical package.
The Ashcroft[R] digital gauges features a 4-20 mA output and a switching option of one or two SPDT switches to combine indication, transmission and switching capability into one package.
Since the ballasts can operate several different lamp quantities, the high-low switching option offers potential energy savings.
A switching option is the right, but not the obligation, to alter modes of operation by paying a switching cost -- such as the option to start or shutter operations, to enter or exit an industry, or to consume one type of fuel or another.
Several PBX vendors, including Intecom and NT, have indicated their PBXs will eventually have a broadband switching option.
Since longer maturities are characterized by higher price volatilities, standard option theory predicts that the value of the switching option will increase in maturity.
For critical customers who need immediate service restoral, Engage offers an automatic protection switching option called Link Protector, that is permanently installed at the customers premise.
s Centex system could support Datapath service from Northern Telecom, a DMS switching option that allows Switched 56 operation.
Providing additional resiliency for these high-speed network uplinks, ASC has added a one-to-one automatic protection switching option that provides an automatic backup connection of equal capacity in the event of a failed or impaired connection for added service assurance.
May 28 /PRNewswire/ -- Advanced Telecommunications Modules Limited (ATML), the Intranet switching company, today announced STREAMlink, the industry's first Ethernet/ATM adapter cards for the desktop and the STREAMswitch 7000 series, a new family of highly flexible 155-megabit-per-second (Mbps) asynchronous transfer mode (ATM) campus switches with an IP switching option.