Options glossary · The contract

American option

Exercisable any time before expiry. Stock options are nearly always American. Early exercise is mostly rational just before a large dividend, because the call holder does not receive the dividend and the stockholder does.

Where it comes up

Part 1 of the course, Option basics and use cases: what an option is, how calls and puts pay off, and every Greek with the intuition before the maths. See the course →

The full picture

Three and a half hours with the man who traded these

Sven Hubens, ten years an options market maker at Optiver and Maven, adjunct faculty at The Options Institute at Cboe.

  • 3h 32m of video in 58 chapters
  • 128 slides
  • Subtitles in 16 languages
  • A certificate a firm can verify
See the course €59.95 incl. 21% VAT · six months of access
Maven Optiver Cboe
Sven Hubens Hubens Capital

Education, not advice. Amsterdam Investment Club is not licensed by the AFM to give individual investment advice.