Although I have experience trading call and put options, I attended a basic options seminar offered by my brokerage. I always learn something new, even from topics in which I have experience. In this seminar, I learned a very simple way to explain call and put options in layman terms.
Of course, trading put and call options will involve additional complexity and knowledge. However, this explanation serves as a good foundation for one just starting to learn about option trading.
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This is not financial or investment advice. Please consult a professional advisor.
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