Glossary/ Options
Options
Call option
A contract giving the buyer the right, not the obligation, to buy the underlying at a fixed strike price on or before expiry.
Where this comes up
Lessons that use the term in context, which is usually more useful than the definition on its own.
- Delta, in plain language — How much the option moves when the underlying moves.
Nearby terms
Payoff diagram · Premium · Put option · Rollover · Spread (strategy) · Strike