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.
Kids will often laugh whenever this term is used because of how the term sounds. What they don't realize is that the word they are laughing at is the very reason why they were even born. So let's go ahead and define this term. The gonads are the reproductive organs.Males have testicles (also known as testes) for their gonads and females have ovaries for their gonads. Even though the gonads don't look the same in males and females, they actually serve identical functions.The function of the gonads are to produce gametes for reproduction and secrete sex hormones.ids will often laugh whenever this term is used because of how the term sounds. What they don't realize is that the word they are laughing at is the very reason why they were even born. So let's go ahead and define this term. The gonads are the reproductive organs.