call option

(FINANCE) a financial derivative that entitles the owner to buy a fixed amount of X for a fixed price (the strike price) by a specific date in the future. If this is an equity derivative, X is referred to as the underlying stock.

A call option allows one to reap profits from an increase in price of a traded item without actually buying the asset itself. Since it is an option, one is not compelled to exercise it if it not advantageous to do so; however, the party that initially issued the option (i.e., the one who "wrote" the option) is legally obligated to honor the option.

When the strike price of a call option is more than the current market price of the asset (i.e., its "spot price"), then it has no intrinsic value and is "out of the money."

Buying a call option is one way to take a long position on the underlying asset.

Writing a call is a way to take a short position.

by Abu Yahya April 15, 2010

constitutional option

Another name for the so-called "nuclear" option which would prevent filibusters in the United States Senate, thus giving a large amount of power to simple majority of senators. The constitutional option would call for 51 votes to invoke cloture and end debate instead of the long established rule requiring two-thirds or 60 votes to invoke cloture.

Thanks to the constitutional option, President Bush will now have a rubber stamp of approval from the senate on 100% of his judicial nominees.

by Mark Mallamo May 19, 2005

Caption option

Regardless of what may ensue the caption is optional on occurrences

Caption option pervades promption.

by Hercolena Oliver May 2, 2010

Nice projection lmao. When I run out of vbucks I always load back up with the $90 option because thats about as much as it costs to refill my Corvette. It's no big deal to me because I have steady income.

Nice projection lmao. When I run out of vbucks I always load back up with the $90 option because thats about as much as it costs to refill my Corvette. It's no big deal to me because I have steady income.

Nice projection lmao. When I run out of vbucks I always load back up with the $90 option because thats about as much as it costs to refill my Corvette. It's no big deal to me because I have steady income.

by Sudor5183 November 16, 2023

Optioncide

To buy a “call” or “put” option in a stock that is heavily manipulated by a hedge fund manager, only to be pushed out of the money on expiration date by that exact hedge fund manager.

Usually, the hedge fund manager will sell you those covered “calls” or “puts” options, collecting the premium (your money), and then driving the price either up or down, to walk away with your premium & their stocks (since they are covered options).

Yo, I bought some options on XYZ stock, I was in the money but it dropped out of the money a day before expiration. I think the fund managers want me to loose. Every week they commit optioncide, murdering these options.

by Optioncide April 27, 2021

Optioncide

To buy a “call” or “put” option in a stock that is heavily manipulated by a hedge fund manager, only to be pushed out of the money on expiration date by that exact hedge fund manager.

Usually, the hedge fund manager will sell you those covered “calls” or “puts” options, collecting the premium (your money), and then driving the price either up or down, to walk away with your premium & their stocks (since they are covered options).

Yo, I bought some options on XYZ stock, I was in the money but it dropped out of the money a day before expiration. I think the fund managers want me to loose. Every week they commit optioncide.

by Optioncide April 27, 2021