the.com/options
The right to change your mind, sold for a price and bought with hope.
means Financial contracts giving the right, but not the obligation, to buy or sell something at a set price by a set date.
from From Latin optio, free choice, born from optare, to choose or wish — the same root that powers opt and adopt.
Call vs putCall bets up, put bets down.
Expire worthlessMost options finish life as zero.
PremiumYou pay upfront for the privilege of choice.