OPTIONs ...don't let the new terms panic you into AVOIDANCE.

A "CALL" contract is 'something' ,

BOUGHT&SOLD on the market just like stocks.

A "CALL" contract controls selling 100 shares

"OR"

just trading the contracts which track the price movements of the stock.

while

A "PUT" contract ( bought&sold between two investors)

allows/offers 100 sh to be SOLD at the contract STRIKE price.

That decision is made by the trader that PAID, while the premium receiver (+$$$)

with more capital in the account, has the OBLIGATION to BUY at the strike price

until the EXPIRATION date is passed.

Both, our past speaker from the OIC and Bernnie Schaeffer

offer outstanding ON-Line education in OPTIONs, but they

OPEN the world of opportunities...while I have limited opinions.