A contract in which an investor has the right, but not the obligation, to buy or sell a tradable asset at a specified price at a given time in the future. Similar to futures contracts, except that they are “optional,” hence the name.
A contract in which an investor has the right, but not the obligation, to buy or sell a tradable asset at a specified price at a given time in the future. Similar to futures contracts, except that they are “optional,” hence the name.