: Gives the buyer the right to buy a stock at a set "strike price" before a specific expiration date.
(premium received); unlimited loss if stock rises. Buy Put buy call sell put
(premium received); high loss if stock falls. Basic Call and Put Options Strategies | Charles Schwab : Gives the buyer the right to buy
: Standard equity options typically control 100 shares of the underlying stock. The Four Basic Moves buy call sell put