A right to buy or sell shares at a specified price for a specific period of time. With a call option, the buyer has the right to buy shares of the underlying security at a specific price for a specified time period. With a put option, the buyer has the right to sell shares of the underlying security at a specified price for a specified period of time.
When using the Security Screener, a Yes/No in the Options column indicates whether there are options available. If options are available, a link to the option chain is provided.
Educational materials are provided by the Options Industry Council (OIC) and Chicago Board Options Exchange (CBOE).