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.
Gonads: indifferent stage. Quiz. The gonads arise from two very different kinds of cells that originate in the embryo:Â·. 1  The primordial germ cells (PGC) will form the gametes (sperm cells and oocytes). 2  These cells come from the ectoderm, but they separate themselves from it at a very early stage in the development.onads: indifferent stage. Quiz. The gonads arise from two very different kinds of cells that originate in the embryo:Â·. 1  The primordial germ cells (PGC) will form the gametes (sperm cells and oocytes). 2  These cells come from the ectoderm, but they separate themselves from it at a very early stage in the development.