understanding financial jargon
Options are a derivative of ordinary stocks and shares that can be traded on the open market. If you buy an option for a particular share you are buying the right (but not the obligation) to purchase or sell a block of that share (typically 100 shares) at some time before or on a specified expiry date, but at a price agreed upon now. Options are short term instruments and are geared in nature.
What to do if you need more help
If you need more help with your specific commercial loan, mortgage or insurance requirement please speak to a professional financial adviser.
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