Call Option

The Holder of a Call Option has the right, not the obligation, to purchase a defined number of Shares at the Strike Price on or before Expiration Date.

A Call Option can be either purchased or written (sold) depending on the investor’s strategy. The Contract defines the number of Shares, the Strike Price, and the Expiration Date. The Buyer or Holder of a Call Option has the right, not an obligation, to purchase the number of shares in the contract at the strike price, before or at expiration. If “In the Money” and exercised the Call Option’s Writer or Seller, is obliged to Sell the number Shares at the Strike price to the Holder of the Call Option.