Welcome to Calls and Puts Explained

A short, visual course on the two building blocks of every options strategy. Understand long and short calls and puts, break-even prices, maximum profit and maximum loss.

What you will be able to do

• Explain the rights and obligations of calls and puts
• Draw payoff diagrams
• Calculate break-even, max profit and max loss
• Match positions to market outlooks

Buying and selling calls and puts, with payoff diagrams you can actually read.