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Start the Clock

Today I'm breaking down call options...

and I'm doing it fast.

A call option is an option, but not the obligation, to buy assets at an agreed upon price on or before a particular date.

We use call options when we believe a stock is going up.

How about an example? 

Let's say you purchase a $100 call option for a stock you believe is going to go up. It reaches $110 and you're now able to call them up and say "Hey, you have to give me this stock at $100."

How'd I do on time?

Call Options Explained in Under 2 Minutes

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