51.   Options give their holders a right -- but not an obligation -- to sell one currency for another at a fixed price by a pre-established date.

52.   Options give the holder the right, but not the obligation to buy or sell an option at a certain strike price.

53.   Options give the holder the right, but not the obligation, to purchase stock at a predetermined price during a specified time period.

54.   Options give their holders the right to buy a share of stock in the future, typically at its current price.

55.   Put options give the owner the right, but impose no obligation, to sell at a certain price, while calls give the right to buy.

56.   Put options give you the right to sell a stock or index at a fixed price before a fixed deadline.

57.   Put options give investors the right, not an obligation, to sell dollars at a specified level.

58.   Such options give investors the right, but not the obligation, to sell stock at a set price.

59.   Such an option would give the buyer the right to purchase the shares from you at a predetermined price.

60.   That option would give the Sonics salary flexibility to sign a more expensive free agent.