RE:RE:RE:Bought July $7 calls on December 22 @ $1.20 up 46%
when I learned about call/put options the easiest way I remembered it was like so.
Call: the option to "call" over shares at a price you set.
Put: the option to "put" shares to someone at a price you set.
You will always pay a premium for the option. Also the person purchasing the option has the right to not accept the trade however, the person who accepts the option (paid the premium per share) has no rights.