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To implement the right of the holder of an option to buy (in the case of a call) or sell (in the case of a put) the underlying security.


In option contracts, to buy (in the case of a call) or sell (in the case of a put) the underlying asset. The option holder has no obligation to exercise the option, and only does so if he/she believes it benefits him/her. Depending upon the nature of the option, this may be done at any point during the life of the contract, or it may only be done on the contract's expiry date. The strike price of the sale is agreed-upon in the option contract, that is, before the option is exercised.


To require the delivery (for example, a call option) or to force the purchase (for example, a put option) of the option's underlying asset. Many options expire without being exercised because the strike price stated in the option is unfavorable to the holder.


When you act on a buying or selling opportunity that you have been granted under the terms of a contract, you are said to exercise a right.

Contracts may include the right to exchange stock options for stock, buy stock at a specific price, or buy or sell the security or product underlying an option at a specific exercise price.

For example, if you buy a call option giving you the right to buy stock at $50 a share, and the market price jumps to $60 a share, you'd likely exercise your option to buy at the lower price.

References in periodicals archive ?
athletic trainer, physical therapist) or they indicated no salary from exercise physiology employment.
They would like to exercise during their trip and ask you, an expert in exercise physiology, what they should do before, during and after the exercise sessions in warm environment.
To this date, there is no other course being taught in the area of exercise physiology via the Internet.
Gaesser, professor of exercise physiology at the University of Virginia, for instance, reports that "the lowest death rates are found in the fittest men and women, no matter what they weigh.
For instance, during her years as Director of Exercise Physiology for U.
Garrett Felix is working on a Master's degree in exercise physiology at Bloomsburg University and has worked as a counselor for nine years at Camp Wayne for Boys in Preston Park, Penn.
The Resource Manual provides information on a variety of topics, including applied anatomy, exercise physiology, pathophysiology, general aspects of health assessment, specific exercise testing protocols, exercise prescription, safety and emergency procedures related to exercise testing and exercise programming, human development, behavioral responses to exercise and health programming, and administrative concerns related to implementing exercise testing and prescription programs.
The other topics are exercise physiology, pressure environment, desert and tropical environment, cold environments, and space.
It provides an international forum for the presentation of scholarly research findings and exchanges in exercise physiology and related areas of interest with global visibility.
Gregory Haff and Charles Dumke's Laboratory Manual for Exercise Physiology With Web Resource (9780736084130, $65.