A call is an option that gives the buyer the right, not the obligation, to buy an underlying asset at a certain point in time at a certain price. A put option gives the buyer the right, not the obligation, to sell an underlying asset at a certain point in time at a certain price. How can they both become the same thing? Click the video below and I will show you how.
Grab a free day pass to one of our live signal trading rooms today>>http://bit.ly/nl-free-pass
Follow me on Twitter: @CboeSIB