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.
The paired male gonads, they are the primary organs of the male reproductive system and measure about two inches in length and one inch in diameter.They are located in the scrotum, or scrotal sac.he paired male gonads, they are the primary organs of the male reproductive system and measure about two inches in length and one inch in diameter.