The parameters of the trade indicate an effective breakeven share price of $35.63, which marks the price at which shares must trade at (or below) before downside protection kicks in for the put-spreader.
He looked like he was about to shed tears of joy, overcome with emotion that the parameters of his trade had been stretched so far.
The parameters of the trade were confirmed Thursday night by two agents with clients who are involved in the deal.
Since Mondesi has $18.5 million remaining on a contract that runs through the 2003 season, the Yankees and the Jays deliberated over the financial parameters of the trade for 48 hours.
The Nets and the Portland Trail Blazers have discussed parameters of a trade that would send Jason Kidd to the Pacific Northwest in exchange for forward Shareef althoughhim, although nothing is imminent, according to a person involved in the talks.
"The Pistons are comfortable with the parameters of the trade," Joe Dumars, the team president, told Fox Sports Detroit, "but it's out of our hands right now".
But just as the official panel offered Sea The Stars a rather gallant apology for the parameters of their trade – which could not measure dimensions latent in his conservative running style – so they were left with little option but to reward Harbinger for the contrasting extravagance of his performance at Ascot.
The latest transformation of the Nets began with modest goals and a fateful follow-up question: "What about K. G.?" Billy King and Danny Ainge, the respective top executives for the Nets and the Boston Celtics, had agreed last month to the general parameters of a trade that would send Paul Pierce to Brooklyn.
The parameters of the trade imply the trader expects Moody's shares to remain range-bound through expiration next month.
The parameters of the trade are such that the investor may lose no more than 20 cents, the cost of the spread, but stands to gain 80 cents.
