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: The cash fee you pay to purchase the option contract.

Options provide massive leverage, but they are highly volatile. Industry studies frequently show that a vast majority of retail options traders lose money due to a lack of knowledge and poor risk management. Never invest money you cannot afford to lose!

: The right to buy an asset. You buy a call if you expect the price to go up.

: The deadline by which you must exercise your right, or the contract becomes worthless. ⚠️ The Golden Rule of Risk