Option

They are incredibly versatile tools used by investors to speculate on market directions, generate income, or hedge against potential losses. ⚖️ The Two Golden Pillars

: The right to buy an asset. You buy a call if you expect the price to go up.

are financial contracts that give you the right—but not the obligation—to buy or sell an asset at a set price within a specific timeframe. option

💡 To learn more about advanced strategies like spreads and iron condors, check out the comprehensive Options Educational Center on Charles Schwab or review basic contract definitions on the Put Options Wikipedia Page .

AI responses may include mistakes. For financial advice, consult a professional. Learn more Option Trading - Help - Tiger Brokers They are incredibly versatile tools used by investors

: The deadline by which you must exercise your right, or the contract becomes worthless. ⚠️ The Golden Rule of Risk

: The fixed price at which the contract allows you to buy or sell the asset. are financial contracts that give you the right—but

: The right to sell an asset. You buy a put if you expect the price to go down. 🔑 Essential Vocabulary