More options.More Options: Hansen Natural Corp. was thrown into the options-probe mix when the Corona-based beverage company said it named a special committee and outside legal counsel to investigate certain stock-option grants that company made. The company said it had received a letter from the Securities and Exchange Commission requesting information about its stock option Stock Option A privilege, sold by one party to another, that gives the buyer the right, but not the obligation, to buy (call) or sell (put) a stock at an agreed-upon price during a certain period of time or on a specific date.Notes: American options can be exercised anytime between the date of purchase and the expiration date. European options may only be redeemed at the expiration date. Most exchange-traded stock options are American. grant practices. The company also said that it will be forced to delay its third quarter earnings, which were due Nov. 9, while the investigation is underway.
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