I KNOW WHY THE CAGED BIRD SINGS...THAT'S WHY IT'S FLY OR DIE.
Friday, May 1, 2009
Today's Fly Or Die Commerce Report: Options Defined
According to Investopedia.com an option is: "A financial derivative that represents a contract sold by one party (option writer) to another party (option holder). The contract offers the buyer the right, but not the obligation, to buy (call) or sell (put) a security or other financial asset at an agreed-upon price (the strike price) during a certain period of time or on a specific date (exercise date)."