An options contract is a derivative security that grants its owner the right to buy or sell a certain amount of a stock or asset at a certain price on or before a specific date. Because options ...

An option's strike price is the price at which the contract's underlying assets may be sold (in the case of a put option) or purchased (in the case of a call option) by the option contract's owner.

Formally, options are contracts between two parties that give buyers the right but not the obligation to purchase or sell a predetermined number of shares of an underlying asset at a specific ...

The U.S. market for exchange-listed equity option contracts was headed for another year of record-breaking trading volume in 2024 — its fifth in a row, according to data from the Options Clearing ...