Learn how financial options work, how they are priced, and how professionals manage their risks. Free, rigorous teaching with no sales pitch. In finance, an option is a contract which conveys to its owner, the holder, the right, but not the obligation, to buy or sell a specific quantity of an underlying asset or instrument at a specified strike price on or before a specified date, depending on the style of the option. Learn about options trading—from placing your first trade to exploring more advanced topics—with our comprehensive collection of options articles, videos, and more. You can typically buy and sell an options contract at any time before expiration. Options are available on numerous financial products, including equities, indices, and ETFs. Options are called derivatives because the value of the option is derived from the underlying asset. Learn the basics of options trading, what calls and puts are, how options work, and strategies to hedge or speculate with practical examples for beginners. OIC provides education to investors about the benefits and risks of exchange-listed options. OIC offers news, option quotes and strategy information. Ready to learn about options? In this article, we’ll walk you through some of the basic terminology and strategies surrounding options. Options are contracts that give you the right to buy or sell an asset at a specific price by a specific time. Here’s what you need to know to get started with options trading. Discover what options trading is, how to trade options and review four core strategies available to individual investors. Explore the fundamentals of options, including types, spreads, and risk mitigation strategies. Learn the essentials of using options to leverage trades and hedge risks.