# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Option

This is the right, but not the obligation, to buy or sell a specified amount of security, at a specified price within a specified time frame.

An option represents a right acquired by the purchaser. A put option gives the holder the right to sell the security. A call option gives the right to buy the security.

 

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