Just let us know â weâre at your service. - Only Victoria, BC hotel included in Travel + Leisureâs 2015 âWorldâs Best Hotels Listâ. - Named one of Travel + Leisure Magazineâs 2014 âTop Ten City Hotels in Canadaâ. - Victoria, BC ranked #3 on Conde Nast Travelerâs 2014 list of âFriendliest Cities in the Worldâ.
A âwagerâ can be described as, follows: âThe agreement of gaming and wageringâ is that one party is to win and the other e upon a future every which at the time C the contract is of an a in nature - that is to say, if the event turns out one way A will lose; I it turns out the other way he will win.â.
Understanding the Basics. A long option is a contract that gives the buyer the right to buy or sell the underlying security or commodity at a specific date and price. There is no obligation to buy or sell in the contract, but simply the right to âexerciseâ the contract, if the buyer decides to do so.here are a wide variety of option contracts available to trade for many underlying securities, such as stocks, indexes, and even futures contracts. Hedging: If you have an existing position in a commodity or stock, you can use option contracts to lock in unrealized gains or minimize a loss with less initial capital.