Buying Options Sample Clauses
The "Buying Options" clause defines the various methods or terms under which a buyer may purchase goods or services from a seller. It typically outlines available purchasing mechanisms, such as outright purchase, installment plans, or subscription models, and may specify conditions or limitations for each option. By clearly delineating the available buying methods, this clause ensures both parties understand their choices and obligations, reducing confusion and facilitating smoother transactions.
Buying Options. Allowing the Local Manager to buy options involves less risk than allowing the Local Manager to sell options because, if the price of the underlying asset moves against the Investment Adviser, the Local Manager can simply allow the option to lapse. The maximum loss is limited to the premium, plus any commission or other transaction charges. However, if the Local Manager buys a call option on a futures contract for the Investment Adviser and later exercises the option, the Investment Adviser will acquire the
Buying Options. Allowing MSIM to buy options involves less risk than allowing MSIM to sell options because, if the price of the underlying asset moves against VKAM, MSIM can simply allow the option to lapse. The maximum loss is limited to the premium, plus any commission or other transaction charges. However, if MSIM buys a call option on a futures contract for VKAM and later exercises the option, VKAM will acquire the future. This will expose VKAM to the risks described under "futures" and "contingent liability transactions".
Buying Options. Buying options involves less risk than selling options because, if the price of the underlying asset moves against you, you can simply allow the option to lapse. The maximum loss is limited to the premium, plus any commission or other transaction charges. However, if you buy a call option on a futures contract and you later exercise the option, you will acquire the future. This will expose you to the risks described under “futures” and “contingent liability investment transactions”.
Buying Options. A buyer of an option contract may “close out” the position by entering into an equal and opposite position in the same option series. Alternatively, he may allow the option to expire worthless or he may exercise the option (as to the last scenario, see Paragraph 6 above). If the option expires worthless the buyer will lose his total investment (the premium plus transaction costs).
Buying Options. Allowing MSIM to buy options involves less risk than allowing MSIM to sell options because, if the price of the underlying asset moves against the Subadviser, MSIM can simply allow the option to lapse. The maximum loss is limited to the premium, plus any commission or other transaction charges. However, if MSIM buys a call option on a futures contract for the Subadviser and later exercises the option, the Subadviser will acquire the future. This will expose the Subadviser to the risks described under “futures” and “contingent liability transactions”.