Option buyer: The person who has the rights to purchase the contracts or sell, depending on if the option is a call or a put.
- Option seller: The person who communicated the rights of the option to the option buyer.
Premium: This is the price that the option writer is given and that the option writer pays. There are various factors that affect the premiums.
Strike price: The confirmed price that the buyer of a call is able to buy the contract at, or that the buyer of a put is able to sell the contract at.
Underlying contract: The futures Futures trading contract with the details of the purchase or of the sale.
Expiration: Eminis run on a specific cycle, with expiration dates marking the last day that you can sell or purchase a contract before it loses its value.
Last Edited by cramerjohn004 on Dec 01, 2022 1:15 PM
