call option
Definition
An option contract that gives the holder the right to buy a certain quantity (usually 100 shares) of an underlying security from the writer of the option, at a specified price (the strike price) up to a specified date (the expiration date). also called call.
Use call option in a sentence
“ You may want to have a call option available to give your self a little more wiggle room in the process. ”
“ I had a call option on the contract, which was great because it allowed me to do a lot of different things. ”
“ The call option was exercised by the new broker as we had communicated our desire to purchase the specific security. ”
