Independent derivatives education · No trading servicesResearch the contract. Understand the risk.
Research topic · 2 related guides

Options mechanics.

Explore the difference between a right and an obligation, and examine what can happen when an option is exercised or assigned.

Connect the ideas across markets

The same term can have different operational consequences in different contracts. Read the worked examples with their assumptions, then compare the specific documents rather than transferring a rule from one product to another. Use the contract comparison guide to organize those differences.