Call options are the right to buy stock and put options are the right to sell stock, but both types of options can be either bought or sold.

Question

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Call options give the holder the right to buy an asset at a specified price within a specific period, while put options give the holder the right to sell an asset at a specified price within a specific period. Both types of options can indeed be bought or sold by traders, meaning an investor can purchase a call or put option (buying the right to buy or sell the underlying asset) or sell/write a call or put option (selling the right to buy or sell the underlying asset to someone else).

Call Options Are the Right to Buy Stock and Put