Call option

The right to buy 100 shares at the strike price before expiration.

Why it matters

Calls gain value when the stock rises. Buyers risk only the premium; sellers collect it and take on the obligation to sell.

How to read it

A call is in the money when the stock is above the strike.

Put optionThe right to sell 100 shares at the strike price before expiration.Strike priceThe price at which an option lets you buy (call) or sell (put) the shares.DeltaHow much an option’s price changes when the stock moves $1. Also a rough chance of finishing in the money.

In the Cluenex app, this explanation opens next to every call option figure, with the live reading for the stock you are looking at. Open it in Cluenex

Call option

Why it matters

How to read it

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