A financial derivative that gives the holder the right, but not the obligation, to buy or sell an asset at a specified price on or before a specified date. Options are used for hedging, speculation, and generating income through option premiums.
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A financial derivative that gives the holder the right, but not the obligation, to buy or sell an asset at a specified price on or before a specified date. Options are used for hedging, speculation, and generating income through option premiums.