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Home Our Mission Testimonials Contact who we are Change Categories Personal Information Saved Articles Calculators Refer Colleague Unsubscribe To Email Comments & Feedback Help On Email  Glossary:  A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z  option     The right, but not the obligation, to buy (for a call option) or sell (for a put option) a specific amount of a given stock, commodity, currency, index, or debt, at a specified price (the strike price) during a specified period of time. For stock options, the amount is usually 100 shares. also called option contract. This Glossary is provided by www.InvestorWords.com Copyright © 1997-2005 by WebFinance Inc. All Rights Reserved. Personal Information Unsubscribe to Email Your Privacy Disclaimer of Liability © 2008,Powered by BizActions Patent Pending