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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 ?
2]max is expensive, time-consuming and requires well-trained personnel, submaximal exercise testing is a more practical and efficient way in clinical practice when assessing cardiorespiratory fitness.
The exercise testing sessions were held at the Clinical and Translational Science Unit (CTSU) at the University of Kansas Medical Center and a physician was present for all exercise tests.
The ventilatory response (VE) during cardiopulmonary exercise testing may also yield valuable diagnostic and prognostic information, particularly when expressed as a function of VC[O.
Abnormal heart rate recovery immediately after treadmill testing: correlation with clinical, exercise testing, and myocardial perfusion parameters.
Bicycle exercise testing could not be performed because of gonarthrosis.
Balancing exercise levels and CV meds is time consuming and may require frequent visits for serial exercise testing to determine the dosage or choice of these medications.
1] can drop more in obese, nonasthmatic children with exercise testing than it does in normal-weight children.
The helicopter had been on a training exercise testing the pilots' ability to fly in extreme conditions.
ACSM's guidelines state one of the contraindications of exercise testing in a systolic blood pressure of >200mmHg (ACSM2000).
Ischemic exercise testing is used in evaluation of patients with suspected McArdle disease, also known as glycogen storage disease type V (1).