They are incredibly versatile tools used by investors to speculate on market directions, generate income, or hedge against potential losses. ⚖️ The Two Golden Pillars
💡 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 . option
: The right to sell an asset. You buy a put if you expect the price to go down. 🔑 Essential Vocabulary They are incredibly versatile tools used by investors
: The fixed price at which the contract allows you to buy or sell the asset. option