Part 2 Intraday Master Class

There are two main types of options — Call Options and Put Options.

a) Call Option
A Call Option gives the buyer the right (but not the obligation) to buy the underlying asset at a specified price (strike price) before the expiration date.
Buyers of call options are bullish — they expect the price of the asset to rise.
Sellers of call options are bearish or neutral — they believe the price will stay below the strike price.

b) Put Option
A Put Option gives the buyer the right to sell the underlying asset at a specific strike price before the expiration date.
Buyers of put options are bearish — they expect the price of the asset to fall.
Sellers of put options are bullish or neutral — they believe the price will stay above the strike price.