Options glossary · The contract
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.
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
Sven Hubens, ten years an options market maker at Optiver and Maven, adjunct faculty at The Options Institute at Cboe.
Education, not advice. Amsterdam Investment Club is not licensed by the AFM to give individual investment advice.