Glossary - Call / Call Option
An strike price) for a certain, fixed period of time (until its strike.aspx">strike price) for a certain, fixed period of time (until its writer of a call option, the contract represents an obligation to sell the underlying security if the option is [assigned.aspx">write.aspx">writer of a call option, the contract represents an obligation to sell the underlying security if the option is [assigned. The buyer pays a fee (called a premium) for this right.



Glossary definition courtesy of Glenn R. Pafumi, CFA at OptionTraderOne
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