Options Trading Glossary

Basic Terms

Call Option
The right to buy an asset at a specified price within a set time period.
Put Option
The right to sell an asset at a specified price within a set time period.
Strike Price
The price at which the option can be exercised.

Advanced Terms

Implied Volatility
A measure of expected price movement based on option prices.
Delta
The rate of change in option price relative to the underlying asset price.
Theta
The rate of decline in option value due to time decay.