More often, this sort of rum is used in cocktails or in cooking. Honey rum is often used in baking, particularly desserts, but is also popular in more savory meat and vegetable dishes. Rum is a common marinade, and can also be used in a number of cooking and braising recipes.
If you do exercise the option, you can calculate its return in a few simple steps. Subtract the purchase price from the sales price of the asset, which you bought or sold using the option. Regardless of whether the option was a call or a put, the steps are identical.
1 Include all the income and deductions you expect to take on your current year's tax return and refer to the total tax you paid so that your estimated tax payments are in the same range as last yearâs taxes (100-110 percent is the range to shoot for to avoid underpayment problems). Include all the income and deductions you expect to take on your current year's tax return and refer to the total tax you paid so that your estimated tax payments are in the same range as last yearâs taxes (100-110 percent is the range to shoot for to avoid underpayment problems).