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Option

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Definition:
An option is a derivative investment which gives the right to buy or sell financial instruments for a specific price within a specified time. There are two types of options - call options and put options. A call option gives the option to buy at a specific price and a put option gives the right to sell at a specific price. Options can expire if they are not exercised before option term ends (expiration date), making them worthless.

Related Concepts:

Black-Scholes
Call
Over-the-counter
Put
Strike Price
 

Available Positions Related to Option:

Alternative Investments jobs

Asset & Investment Management jobs

Securities Trading & Brokerage jobs

 

Relevant Functional Areas:

Alternative Investments
Asset Management
Institutional Investment Management
Sales & Trading
Securities Trading & Brokerage
 

Related Job Titles:

Buy-side Research
Investment Strategist
Trader
Wholesaler
 

Synonyms:

Bond Option
Interest Rate Option
Stock Option