Harris Texas Option to Purchase Common Stock is a financial instrument that provides individuals or entities with the right, but not the obligation, to buy shares of common stock issued by Harris Texas Corporation at a predetermined price within a specified time period. This investment vehicle allows investors to potentially profit from the future increase in the value of Harris Texas Corporation's common stock without having to immediately purchase the shares. Harris Texas offers several types of Options to Purchase Common Stock, including: 1. Call Option: The buyer of a call option acquires the right to purchase Harris Texas common stock at a specified price, known as the strike price, within a predetermined time frame. This type of option is often used by investors who anticipate a rise in the stock's price. If the stock price surpasses the strike price before the option expires, the buyer can exercise their right to purchase the shares at the agreed-upon price. 2. Put Option: On the other hand, a put option grants the holder the right to sell their Harris Texas common stock at a predetermined price within a specified time period. Investors often use put options to protect themselves against potential declines in the stock price. If the stock price drops below the strike price, the holder can exercise the put option to sell their shares at the predetermined price, safeguarding their investment. Investors interested in purchasing Harris Texas Option to Purchase Common Stock should carefully consider factors such as the current market conditions, the financial health of Harris Texas Corporation, and any potential risks associated with the investment. It is crucial to consult with a financial advisor or conduct thorough research before engaging in any options trading or investment activities. In summary, Harris Texas Option to Purchase Common Stock provides investors with a flexible and potentially profitable means to profit from the fluctuations in Harris Texas Corporation's common stock price. The various types of options available, such as call and put options, offer different strategies to suit individual investment goals and risk tolerances.