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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They give design engineers a viable power switching option in applications such as appliances, vehicles, and lamp ballasts, among others.
Currently, the EMUI 5.1 is the latest version which is based upon Android Nougat 7.1 and brings about features like one-button navigation, improved security, machine learning, multi-window support and quick switching option.
We observed that, in the case of ethanol, the switching option value is 327.4% greater in the Southeast than in the Northeast.
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.
Premium redirection, Partial Withdrawals and switching option are the other key features of this plan.
Volume uncertainty in this study is addressed through the inclusion of a switching option. Switching options are a variation of real options where firm management has flexibility of altering decisions to add value to the firm.
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.
"Intecom already supports FDDI as an option connecting Ethernets and token rings to an FDDI backbone." Several PBX vendors, including Intecom and NT, have indicated their PBXs will eventually have a broadband switching option. But, as Sulkin notes, "Broadband switching won't replace circuit switching in a PBX; rather they will co-exist in the same switch."
Since longer maturities are characterized by higher price volatilities, standard option theory predicts that the value of the switching option will increase in maturity.