Investing in Stocks and Options - How Does It Work?

So what peoplell do by fire insurance. So every single year you'll pay a little bit of premium to the insurance company for managing that huge, enormous risk. And for this, the insurance company takes in the premium. For the insurance company, its not a big risk, cause there's only a single fire out of a million. That's barely a blip on their radar. In some ways, it's like the put option, but the exact opposite. But i'll use an example, cause i think it's just easier to understand. So let's go into now, what's a call option? Because basically there's just two basic types, and then a whole bunch of