Call Option vs Put Option

Quick comparison to help you distinguish these two crypto terms.

Call Option
advanced
strategy

A financial contract granting the buyer the right, but not the obligation, to purchase an underlying cryptocurrency asset at a predetermined strike price on or before expiry; buyer pays premium upfront; profit occurs when spot price exceeds strike plus premium.

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Put Option
advanced
strategy

A financial contract giving the buyer the right, but not the obligation, to sell an underlying cryptocurrency asset at a specified strike price on or before expiry; buyer pays premium upfront; profit occurs when spot price falls below strike minus premium paid.

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