What is Options?
Stocks, funds & commoditiesContracts that give the right, but not the obligation, to buy (call) or sell (put) at a set price before a set date.
Think of it like: A paid reservation you can choose to use or not.
Real example: A call to buy a share at $100 costs $5. If the share rises to $120 you gain $15; if it stays below $100 you lose only the $5.
60-second lesson