P235 C J AX 235 Fri 12 Aug 21:2//11
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u Tradjd options comj in two shapes - j
5 "calls" and "puts". j
u j
5 Thj buzjr of c ll option has th j
5 right but not the obligation to buy j
5 fixed numb of shares t a fixed j
5 prici bjfore a sjt date. j
u j
5 The buzjr of a put option has thj j
5 right h ut not the obligation) to j
k sjll under thj samj limitations. j
5 u
5 Endivihual equity options m-y only j
u aj healt in whole contracts, each j
5 of which normally represjnts an j
5 option on 1,000 of zhj Rndrulyjn u
5 shares, e.g. 1,000 XZZ sharas. j
u j
Options@indjx 230 Headlin s 201
Markjts First Opt FTSE/FT30 CityHeads