In the options market, there are two kinds of option that you can trade. EitherRapid Trend Gainer option gives you a right, but you do not necessarily have a contractual obligation. In other words, you can choose either to exercise the option or to let it expire without using it. A Put option gives you the right but not the obligation to sell and a Call option gives you the right but not the obligation to buy. Call and put options can be of two kinds. In an American-style option the option can be exercised at any time to the expiry date at your discretion. In the European style option, the option can be exercised only on the expiry date. Moreover, since an option is an over the counter product, it can be tailor-made for you and your choice of strike price and expiry date.
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