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.
Hypogonadism is the condition more prevalent in males in which the production of sex hormones and germ cells are inadequate. Gonads are the organs of sexual differentiationâin the female, they are ovaries; in the male, the testes.