A contract that allows a position in the option market to be offset (i.e. transferred) to another holder, using the same contract. The new contract holder then has the right to exercise the option using the same terms. Opposite of non-transferable option.
Related information about transferable option:
- What is transferable option? definition and meaning
Definition of transferable option: A contract that allows a position in the option market to be offset (i.e. transferred) to another holder, using the same contract.
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Apr 15, 2010... month of the year 2010 Anno Domini, you agree to grant Us a non transferable option to claim, for now and for ever more, your immortal soul.
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- Transferable put right
Transferable Option A contract which permits a position in the option market to be offset by a transaction on the opposite side of the market in the same contract.