Land on unexpected wealth with stock options advisor tips

Types of Stock Options

There are two primary types of stock options: call options and put options. A call option gives you the right to purchase a stock at a set price, known as the strike price, before the option expires. This is typically used when you anticipate the stock's price will rise. On the other hand, a put option allows you to sell a stock at the strike price before expiration, which can be beneficial if you expect the stock's price to decrease.