Options Strategies

Free FINRA Series 7 (General Securities Representative) lesson in Investment Products and Recommendations. 22 min read, ~3,370 words.

Calls give the right to buy; puts give the right to sell, at the strike price, while writers hold obligations, not rights. A standard listed equity option covers 100 shares, is guaranteed by the OCC, and expires the third Friday of the expiration month. Max loss for any buyer is...