on Friday announced that it has entered into an agreement with Perisai Petroleum Teknologi Berhad (PPTB) to further defer the exercise of the put option
in the interim.
Many oil traders are positioning themselves to profit from a further fall in prices, taking large short-positions in US crude contracts while going long in put options
for oil at lower than current prices.
NASDAQ: VIP) and its subsidiary OJSC Vimpel-Communications said they have announced a put option
by holders of the 8.
A note to Sports Direct shareholders from the firm said the put option
, which is effectively a gamble on Debenhams shares rising in value, will cost it a maximum of PS46m.
The firm said: "To the extent that the market price of Tesco's ordinary shares is less than an agreed exercise price on expiry of the Put Option
, Sports Direct has the right to elect whether to settle the Put Option
by acquiring ordinary shares in Tesco at the Exercise Price or by paying the cash settlement value of the Put Option
With regard to the question of whether to sell their put options
on the stock exchange or use them to tender shares, shareholders are advised to follow the instructions and recommendations of their custodian bank.
The period for selling back the notes pursuant to the put option
began on 1 May 2012 and expires on 30 May 2012.
Therefore, the government guarantee makes put options
on the financial sector index "cheap" relative to put options
on its member banks.
So a put option
becomes more valuable if the price of its underlying security falls and its value erodes if this price rises.
AirTran said it intends to use cash on hand to finance the Put Option
If the Nifty does not fall below 5,100 for a week or two, the put option
exposure alone could lead to a loss of some value due to time decay.
First, it contended that the transaction did not involve granting put options
to the mortgage originators that paid commitment fees to Freddie Mac.
Another strategy is buying a put option
to protect an existing stock position, which is like buying downside price insurance.
Fully investigating these put option
purchases, by contrast, has the potential to unearth networks behind these attacks.
The government is studying whether to spin off two subsidiaries of PT Semen Gresik or accept a put option
offer by Cemex in connection with the plan to divest its stake in the cement maker.