Partial Options Unwind Clause Samples
The Partial Options Unwind clause allows parties to close out or reduce a portion of their options positions before the original expiration date. In practice, this means that if a party holds multiple options contracts, they can choose to unwind only some of them, rather than all, by executing offsetting trades or agreements. This flexibility enables parties to manage their risk exposure, respond to changing market conditions, or realize profits or losses on part of their position without affecting the remainder. Ultimately, the clause provides greater control and adaptability in options management, addressing the need for dynamic risk and portfolio adjustments.
Partial Options Unwind. On the Delivery Date (as defined below), the Number of Options in the Base Call Option Confirmation shall be reduced by the number of Unwind Options, from 120,000 to 81,500.
