What is a Call Option?

A call option gives the buyer the right, but not the obligation, to buy an underlying asset at a specified strike price before or at expiration.

What is a Put Option?

A put option gives the buyer the right, but not the obligation, to sell an underlying asset at a specified strike price before or at expiration.

What is Strike Price?

The strike price is the predetermined price at which the holder of an option can buy (call) or sell (put) the underlying asset.

What is Expiration Date?

The expiration date is the last day on which an option can be exercised. After this date, the option becomes worthless if not exercised.

What is Delta in Options?

Delta measures how much an option's price is expected to change for every $1 move in the underlying asset. It ranges from 0 to 1 for calls and 0 to -1 for puts.

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