PersonalFinanceLab: What is a Call Option

In this animated video, we'll explore the concept of call options and how they can be used to make a profit. What You Will Learn: • The definition of a call option and how it works. • The concept of an underlying asset and how it relates to options. • How to calculate the premium and total cost of an option. • The benefits and risks of buying a call option. • How to exercise an option and make a profit.