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.
Testosterone is the sex hormone produced in male gonads. In females, ovum develops in the ovary. Ovaries are paired organs in the lower abdominal cavity, and are responsible for the production of female sex hormone called estrogen. Gonads are the sites (or organs) where gametes are produced. â¢ Gonads of the male are called testes, whereas gametes of the male are called sperms. â¢ Gonads of the female are called ovaries, whereas gametes of the female are called ova. â¢ Gonads are the organs, whereas gametes are the haploid sex cells.