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Almost every time a New Yorker exercises the option of spousal refusal, lawyers from the Human Resources Administration review the applications and seek to recover money when appropriate, said Carmen Boon, a spokeswoman for the agency.
Notably, the difference, or spread, between the exercise price and the market price for incentive options is taxable income under the A.M.T. Say an executive exercised an incentive option to buy 1,000 shares for $5 a share, but the stock is trading at $25 a share when she exercises the option.
In doing so, if scenarios characterized by unit failures and high pool prices are likely, the producer generally exercises the option to buy electricity at a lower price.
This is so because the producer exercises the option if in the first hour the price is equal to 23 €/MWh and the unit is unavailable.
If the buyer of a call exercises the option to call, the writer would be forced to buy the stock at market price.
Being so, the producer exercises the option if the price during the first hour comes down to 17 €/MWh since prices during the second hour are foreseen to be lower than the strike price of the option (18.75 €/MWh).
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Declined to exercise the option on OF Ron Gant.
Exercised the option on the contract of RHP Curtis Leskanic.
Last month the company announced it would exercise the option.
He has said earlier this year that he might exercise the option to sell the stake.
If the Red Sox do not exercise the option, they will pay Martinez $2.5 million.
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