Switching options

Switching options

A sequence of transactions in which exercise of one option creates one or more additional options. Investment-disinvestment, entry-exit, expansion-contraction, and suspension-reactivation decisions are switching options.

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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Other minor changes to the criteria include applying the middle-loaded recovery rate vector for residential mortgage loans, modelling interest rate switching options in line with asset-specific criteria, presenting the maximum rating uplift above the Issuer Default Rating regardless of whether full notching is being applied or not, and the incorporation of two tests to determine whether a debt restructuring or exchange constitutes a distressed debt exchange.
highlight the fuel switching options across industry and their potential market, domestically and internationally;
Headquartered in Milford, Connecticut, Thinklogical offers a line of uncompressed, high-bandwidth signal stream and flexible switching options, making the company's solutions ideal for high-availability applications such as command and control, intelligence, broadcast control rooms and post-production environments.
Simple configuration and set-up and clean and quiet switching options makes the Vega 30 ideal for applications where smooth transitions, de-embedding and embedding and full MADI audio routing are key.
- Layer 2 Switching Options - Full-featured Layer 2 Switches with advanced security, VLAN/Voice, full QoS features, and energy efficiency support.
Both models offer all the same essential features found in other DGS-1210 series switches, including energy savings, advanced security features and extensive Layer 2 switching options. These D-Link Web Smart switches are designed for simple management, making them an ideal solution for small-to-medium-sized business networks carrying any combination of voice, video and data traffic.
The range of versatile mounting brackets include floor, wall and a swivelling ball mount, and the combination of mounting options and switching options offer a choice of 12 versions to meet most plant requirements.
Other vendors, as well, offer a variety of COTS and modular instrument and switching options. Companies including Aeroflex and ZTEC Instruments have RF instruments in the PXI format that can serve MIL/Aero applications.
We provide a general valuation formula of the exchange options associated to these P&L by using a family of switching options. We assume that the project manager compares two different ways of production: Products can be identical or differ; the manager can choose either to allocate his whole endowment on only one production mode, or to switch from one production mode to the other one.
* Multiple Switching options for CEW, so areas can be shut off when not in use.
Second, we introduce option pricing and analytical valuation framework for switching options. In intention of an illustrative example is to show the application of the options methodology in flexible manufacturing system and find optimal technology to use (X or Y) at each decision node.
The Albany site provides quick access to Interstate 5 and Highway 99, and offers a 10-car rail siding with reciprocal switching options.