Options
Options are contracts giving you the right — but not the obligation — to buy or sell a stock at a set price before a set date. They're leveraged bets with expiration dates: a small premium can control a large position, which is why gains can be spectacular and total losses common. Most beginners should learn with tiny amounts or not at all.
Example: Pay $200 for the right to buy 100 shares at $50; if the stock jumps to $70, your $200 controls $2,000 of profit.
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Educational content only — not financial advice.