What Are Options?
6 min read
The Right, Not the Obligation
An option is a financial contract that gives the buyer the right — but not the obligation — to buy or sell an underlying asset at a predetermined price before a specific date. This single concept is the foundation of everything in options trading.
Sign up to continue learning
Create a free account to access more courses.
Sign Up FreeAlready have an account? Log inPut your knowledge into practice
Track your prop firm accounts, analyze your trades, and grow as a funded trader with PropTally.
Sign Up Free