Options Strategies

Free FINRA Series 7 (General Securities Representative) lesson in Investment Products and Recommendations. 22 min read, ~3,257 words.

Calls give the right to buy; puts give the right to sell, at the strike price. Max loss for any buyer is the premium paid; max loss for an uncovered call writer is unlimited. Covered call = own stock + write call; protective put = own stock + buy put...

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