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2. Option contract - Wikipedia

   en.wikipedia.org/wiki/Option_contract

   An option contract, or simply option, is defined as "a promise which meets the requirements for the formation of a contract and limits the promisor's power to revoke an offer". [1] Option contracts are common in relation to property (see below ) and in professional sports .

3. Option (finance) - Wikipedia

   en.wikipedia.org/wiki/Option_(finance)

   A financial option is a contract between two counterparties with the terms of the option specified in a term sheet. Option contracts may be quite complicated; however, at minimum, they usually contain the following specifications: [8] whether the option holder has the right to buy (a call option) or the right to sell (a put option)

4. Call vs. put options: How they differ - AOL

   www.aol.com/finance/call-vs-put-options-differ...

   Options trading can be complex, and the trading jargon may confuse even experienced investors and traders. Two of the most common options contracts to understand are call and put options.

5. Exercise (options) - Wikipedia

   en.wikipedia.org/wiki/Exercise_(options)

   The option style, as specified in the contract, determines when, how, and under what circumstances, the option holder may exercise it. It is at the discretion of the owner whether (and in some circumstances when) to exercise it. European – European-style option contracts may only be exercised at the option's expiration date. Thus they can ...

6. Call option - Wikipedia

   en.wikipedia.org/wiki/Call_option

   Option values vary with the value of the underlying instrument over time. The price of the call contract must act as a proxy response for the valuation of: the expected intrinsic value of the option, defined as the expected value of the difference between the strike price and the market value, i.e., max[S−X, 0]. [3]

7. Lease-option - Wikipedia

   en.wikipedia.org/wiki/Lease-option

   A lease option (more formally Lease With the Option to Purchase) is a type of contract used in both residential and commercial real estate.In a lease-option, a property owner and tenant agree that, at the end of a specified rental period for a given property, the renter has the option of purchasing the property.