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Yes, the terms strike price and exercise price are synonymous. Some traders will use one term over the other and may use the terms interchangeably, but their meanings are the same. Both terms are widely used in derivatives trading.

For listed options, strike prices are set by criteria established by the OCC or an exchange, typically with $2.50 distance for strikes below $25, $5 increments for those trading from $25 through $200, and $10 increments for strikes above $200. In general, the strikes will be wider for stocks with higher prices and with less liquidity or trading activity. New strikes may also be requested to be added by contacting the OCC or an exchange.

Nothing in this Act, except as specifically provided for herein, shall be construed so as either to interfere with or impede or diminish in any way the right to strike, or to affect the limitations or qualifications on that right.

It is clear from a reading of these two provisions that: the law not only guarantees the right of employees to strike, but also places limitations and qualifications on the exercise of that right. See for example, restrictions on strikes in health care institutions (set forth below).

Lawful and unlawful strikes. The lawfulness of a strike may depend on the object, or purpose, of the strike, on its timing, or on the conduct of the strikers. The object, or objects, of a strike and whether the objects are lawful are matters that are not always easy to determine. Such issues often have to be decided by the National Labor Relations Board. The consequences can be severe to striking employees and struck employers, involving as they do questions of reinstatement and backpay.

It must be emphasized that the following is only a brief outline. A detailed analysis of the law concerning strikes, and application of the law to all the factual situations that can arise in connection with strikes, is beyond the scope of this material. Employees and employers who anticipate being involved in strike action should proceed cautiously and on the basis of competent advice.

Economic strikers defined. If the object of a strike is to obtain from the employer some economic concession such as higher wages, shorter hours, or better working conditions, the striking employees are called economic strikers. They retain their status as employees and cannot be discharged, but they can be replaced by their employer. If the employer has hired bona fide permanent replacements who are filling the jobs of the economic strikers when the strikers apply unconditionally to go back to work, the strikers are not entitled to reinstatement at that time. However, if the strikers do not obtain regular and substantially equivalent employment, they are entitled to be recalled to jobs for which they are qualified when openings in such jobs occur if they, or their bargaining representative, have made an unconditional request for their reinstatement.

Unfair labor practice strikers defined.Employees who strike to protest an unfair labor practice committed by their employer are called unfair labor practice strikers. Such strikers can be neither discharged nor permanently replaced. When the strike ends, unfair labor practice strikers, absent serious misconduct on their part, are entitled to have their jobs back even if employees hired to do their work have to be discharged.

If the Board finds that economic strikers or unfair labor practice strikers who have made an unconditional request for reinstatement have been unlawfully denied reinstatement by their employer, the Board may award such strikers backpay starting at the time they should have been reinstated.

Strikes unlawful because of purpose. A strike may be unlawful because an object, or purpose, of the strike is unlawful. A strike in support of a union unfair labor practice, or one that would cause an employer to commit an unfair labor practice, may be a strike for an unlawful object. For example, it is an unfair labor practice for an employer to discharge an employee for failure to make certain lawful payments to the union when there is no union-security agreement in effect (Section 8(a)(3). A strike to compel an employer to do this would be a strike for an unlawful object and, therefore, an unlawful strike. Strikes of this nature will be discussed in connection with the various unfair labor practices in a later section of this guide.

Furthermore, Section 8(b)(4) of the Act prohibits strikes for certain objects even though the objects are not necessarily unlawful if achieved by other means. An example of this would be a strike to compel Employer A to cease doing business with Employer B. It is not unlawful for Employer A voluntarily to stop doing business with Employer B, nor is it unlawful for a union merely to request that it do so. It is, however, unlawful for the union to strike with an object of forcing the employer to do so. These points will be covered in more detail in the explanation of Section 8(b)(4). In any event, employees who participate in an unlawful strike may be discharged and are not entitled to reinstatement.

With the end of the wartime no-strike pledge, workers across America expressed their frustration with wages and working conditions through a series of strikes that involved over 5 million people from the end of 1945 and into 1946.

Of 175,000 passenger trains normally in operation, only 100 ran. Fewer than 300 of 24,000 freight trains delivered their commodities to customers. On March 24, at 10:00 pm, President Truman took to the airwaves and addressed the nation from the White House on the railroad strike emergency. He called on the striking railroad workers to return to their jobs as a duty to their country.

The types of vessels documented in vessel strikes include large boats, such as cargo ships, whale-watching boats, ferries, and military vessels, and all manner of private watercraft used for commercial and recreational purposes.

Endangered North Atlantic right whales are especially vulnerable to vessel strikes because their habitat and migration routes are close to major ports and often overlap with shipping lanes. NOAA Fisheries works with mariners to reduce ship strikes to right whales along the Atlantic seaboard.

All species of sea turtles are also vulnerable to vessel strikes as they surface to breathe, bask near the surface, or forage in shallow areas or on prey near the sea surface. Adult sea turtles appear to be at increased risk during breeding and nesting season.

Encouraging responsible vessel practices and understanding the distribution of marine mammals (e.g., whale, dolphins, and seals) and sea turtles are two key components to reducing the risk of vessel strikes. To keep whales safe from ships, we work with the U.S. Coast Guard and shipping industry leaders to conduct mariner outreach, collect information on vessel strike events, and fund and coordinate aerial surveys and research programs to improve our understanding of animal distribution. For sea turtles, we work with other wildlife agencies to study the occurrence of vessel strikes to identify risk factors and strategies for reducing them.

From 2010 to 2014, 37 whales were reported to have been injured by vessel strikes along the Atlantic coast of the United States and Canada, as well as the Gulf of Mexico. The number of vessel strike-related injuries is estimated as comparable for a number of U.S. West Coast and Alaska species for the same period. But these minimum estimates are likely low because the number of deaths and serious injuries that go unreported is unknown.

Estimates of vessel strikes on other, smaller marine mammal species are even more likely to be underestimated, as they are less likely to be noticed by mariners and the animals are less likely to be recovered on a beach.

It is estimated that hundreds of sea turtles are struck by vessels in the United States every year, and many of them are killed without being observed. Vessel strikes are one of the most common causes of sea turtles stranding in the United States. In Florida alone, injuries consistent with vessel strikes are observed in 20 to 30 percent of stranded sea turtles.

How long will the strike last? No idea. Maybe the AMPTP members will come to their senses tomorrow and offer some meaningful concessions, and the whole thing can be wrapped up next week. I would not bet the ranch on that, however. I have been through several of these since I first started writing for television and film in 1986. The 1988 strike, the first I was a part of, lasted 22 weeks, the longest in Hollywood history. The 2007-2008 strike, the most recent, went for 100 days. This one may go longer. The issues are more important, imnsho, and I have never seen the Guild so united as it is now.

((Some of you, I fear, may be having anxiety attacks just now, on the mistaken assumption that this strike affects WINDS OF WINTER. You can relax. The WGA is a union of film and television writers. It has nothing to do with novels, short stories, or any other form of prose fiction, nor comic books and graphic novels, nor stage plays, nor the editing of collections and anthologies I have on-going projects in all those areas, and that work continues unabated. And WINDS continues to be priority number one)). 2351a5e196

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