Borland and Open Env - RAD For the Inter/Intra Net Message Board

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Technology Stocks : Borland and Open Env - RAD For the Inter/Intra Net

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To: Mark Bracey who wrote (47)	1/11/1997 11:06:00 PM
From: Maher Sid-Ahmed	of 70

Here is something I picked from the New York Stock exchange site. Hope it helps you understand the difference between a call option and a put option. Glossary of Financial Terms ------------------------------------------------------------------------ Option Options are derivative securities that give the holder the right to buy (call) or sell (put) a specified amount of the underlying security, at a specific price, and within a specified timeframe. The purchaser hopes that the stock's price will go up (for a call) or down (for a put) by an amount sufficient to provide a profit when the option is sold. If the stock price holds steady or moves in the opposite direction, the price paid for the option is lost entirely. There are several other types of options available to the public but these are basically combinations of puts and calls. Individuals may write (sell) as well as purchase options. Options are also traded on stock indexes, futures, and debt instruments. c1996 NYSE Inc.

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