For the writer (seller) of a call option, it represents an obligation to sell the underlying security at the strike price if the option is exercised. The call option writer is paid a premium for taking on the risk associated with the obligation.
Definition of gonad. : a reproductive gland (as an ovary or testis) that produces gametes.
Gonads. Gonads are the male and female primary reproductive organs. The male gonads are the testes and the female gonads are the ovaries. These reproductive system organs are necessary for sexual reproduction as they are responsible for the production of male and female gametes.onads. Gonads are the male and female primary reproductive organs. The male gonads are the testes and the female gonads are the ovaries. These reproductive system organs are necessary for sexual reproduction as they are responsible for the production of male and female gametes.