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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: R.E.B. who wrote (78626)12/14/1999 9:04:00 PM
From: TraderWithNoName  Read Replies (1) of 90042
 
From the CBOE site :

What is an option? A stock option is a contract which gives the buyer the right, but not the obligation, to buy or sell shares of the underlying security or index at a specific price for a specified time. Stock option contracts generally are for 100 shares of the underlying stock. There are two types of options, calls and puts.

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