SUMAN KUMAR Certainly! Options trading is a financial strategy that involves contracts called "options" rather than buying and selling actual stocks. Here's a simple explanation if you're familiar with stocks: Stocks vs. Options: When you buy a stock, you're purchasing a piece of ownership in a company. When you trade options, you're buying the right (but not the obligation) to do something with a stock, like buying or selling it, at a specific price before a certain date. Two Types of Options: Call Option: This gives you the right to buy a stock at a predetermined price (strike price) before a set expiration date. You might buy a call option if you think the stock's price will go up. Put Option: This gives you the right to sell a stock at a predetermined price (strike price) before a set expiration date. You might buy a put option if you think the stock's price will go down. Key Terms: Strike Price: The price at which you can buy (for call options) or...