What are Trade Options?

Submitted by Sharemarket News on 15 April, 2011 - 19:29

Learn about trade options.

An option is the right to buy or sell property at an agreed price; the right is purchased. It is a contract between a buyer and a seller that gives the buyer of the option the right, but not the obligation, to buy/sell a specified asset. If the option is not exercised by a stated date, the money is forfeited.

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