Insert Option Choice from the Purchase Order

Aug 6th, 2022
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How to Insert Option Choice from the Purchase Order

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hey everyone welcome back to the channel in todays video were going to continue talking about trading options and in this video specifically were going to talk about buying put options in the event you want to check out all my videos on trading options in the order i filmed them check out the playlist down below but a quick recap is that an options contract is an agreement between a buyer and a seller and one person thinks the stock price is going to go up in the future one person thinks its gonna go down and i feel like with buying a call option this is a lot easier to understand you are buying a contract for the right to buy a hundred shares of stock from this person if the price is favorable to you but for buying a put contract this is a little bit more confusing how do you make money when the stock price goes down thats counter intuitive so once again for buying a call option you have the right to buy stock from the seller the seller is pre paid a premium in order to have this

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A purchase order (also referred to as a PO) is a contractual agreement between a purchaser and a supplier that becomes legal once the details of the purchase order have been accepted by the supplier. It is a document that details the goods or services that the buyer has agreed to buy and the terms of the purchase.
Purchase orders are standardized across the entire company and contain, at the very least, information about: the purchaser and vendor (names, addresses), the order itself (product description, technical specs, price, quantity), and payment terms (due date and form of payment, eg. bank transfer, credit card).
Purchase Order Example LML Furnitures ships the order on the delivery date and sends the invoice. The ZYX company verifies the procured products, matches the PO number, and makes a payment of $5,370. The payment is made within 30 days, keeping with the predetermined terms mentioned in the PO.
How to Create a Purchase Order Draw up a document. Decide on a purchase order number. Include the date of purchase. Write out the buyer details. List out the order details of what the buyer needs. List the payment terms and delivery details. Include free on board details.

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