FRM part 1, Financial Markets & Products, Introduction to Options 1st Class.
An options contract is the right, and not the obligation, for its buyer to buy or sell the underlying assets at a certain price on or prior to a fix date. Options are a good way to trade in stock without owing them.

FRM Part 1, Quantitative Analysis, Skewness & Kurtosis explained using Financial Data by Karan Agarwal sir.

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