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Option An option is derivative security that trades based upon the price of an underlying security. Options offer the buyer the right, but not the obligation, to call or put a security at an agreed-upon price during a certain period of time. 
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Option An option is derivative security that trades based upon the price of an underlying security. Options offer the buyer the right, but not the obligation, to call or put a security at an agreed-upon price during a certain period of time.
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