This gets frustrating there must be a laymans explanation to remember what each of the following do. I thought I did and just when I read to educate a bit more i get confused again. Could someone put me right?
Buy Call option.....
Sell Call option Means: receive the premium to sell stock you own ( if Covered call) at a agreed price at or before an expiration date. If don't own then must have it if assigned. You have the obligation
Buy Put option you pay a premium to someone else to buy a stock at a particular price at some time in the future. They have the obligation
I get myself confused in the case say of a PUT I understand if I BUY a PUT I want to insure myself so I pay the premium incase the stock tumbles so I can sell at a set price
Then I lose it when it comes to SELL a PUT I would think I receive the premium and?????
There must be an easier way to understand this