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An option is a contract to buy or sell a specific financial product at a specific price within a preset period of time. Options belong to a category of investments known as derivatives, because their prices reflect the value of the item you’re... more
An option is a contract to buy or sell a specific financial product at a specific price within a preset period of time. Options belong to a category of investments known as derivatives, because their prices reflect the value of the item you’re buying. Fancy financial types call the item the “underlying”. You can buy less
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