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.
male gonad is testis and female gonad is ovary......sperms are in testis they get secreted by seminal vesical and prostate glang they become fluid and goes to vagina from ther â¦ e the sperms go to fallopian tube there ovary shreds one egg and fertilisation takes place in fallopian tube.3 people found this useful.UPDATED* although gonads are used commonly as a slang word for testes, the scientific meaning is â¦ the organ that creates gamates, which is found in both males and females. On a male this is the testes, and on the female this is the ovaries. 8 people found this useful.