Option may also refer to: In finance options are types of derivative contracts, including call options and put options, where the future payoffs to the buyer and seller of the contract are determined by the price of another security, such as a common stock. ... A real option is the right and the obligation, to undertake some business decision, typically the option to make a capital investment. ... In law, an option is the right to convey a piece of property. ... In the film industry, an option is a contractual agreement between a movie studio, a production company, or a producer (henceforth called the producer) and a writer, in which the producer obtains the right to buy a screenplay from the writer, before a certain date. ... Major League Baseball transactions are changes made to the roster of a major league team during or after the season. ...
option offense, a system of offensive running plays in American Football
Option (car magazine), a Japanese automotive magazine for enthusiasts of modified Japanese cars
This disambiguation page lists articles associated with the same title. If an internal link led you here, you may wish to change the link to point directly to the intended article.
Most often the term "option" refers to a type of derivative which gives the holder of the option the right but not the obligation to purchase (a "call option") or sell (a "put option") a specified amount of a security within a specified time span.
Options are usually traded on a futures exchange where they are identified by option symbols.
European options and American options on stock and bonds are usually considered to be "plain vanilla." Asian options, lookback options, barrier options are often considered to be exotic, especially if the underlying instrument is more complex than simple equity or debt.
In the film industry, an option is a contractual agreement between a movie studio, a production company, or a producer (henceforth called the "producer") and a writer, in which the producer obtains the right to buy a screenplay from the writer, before a certain date.
This "setting up a deal" is usually a tedious process known as development hell, in which the producer must get the screenplay written (if the option was on a book), obtain informal agreements with the director, the major actors, the financiers, and the distributors, and get the screenplay polished to suit all participants.
Most option agreements specify the prices of additional extensions, should the producer be unable to put the movie together in the originally specified term, and choose to extend.