Option Apr 2026

: The right to buy an asset. You buy a call if you expect the price to go up.

: The right to sell an asset. You buy a put if you expect the price to go down. 🔑 Essential Vocabulary option

are financial contracts that give you the right—but not the obligation—to buy or sell an asset at a set price within a specific timeframe. : The right to buy an asset

💡 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

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