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Best Practice Guide |
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Glossary |
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Best Practice Guide GlossaryBrowse the glossary alphabetically: OPTIONS Return to list of termsAn option is a contractual agreement that gives the holder the right to buy (call option) or sell (put option) a fixed quantity of a security or commodity (for example, a commodity or commodity futures contract), at a fixed price, within a specified period of time. May either be standardized, exchange-traded, and government regulated, or over-the-counter customized and non-regulated. Source: California Energy Commission |