1. A call option gives the buyer the right to sell an asset at a specified price.
2. A put option increases in value when the price of the underlying asset rises.
3. The maximum loss for a call option buyer is the premium paid for the option.
4. A put option gives the buyer the right to sell an asset at a specified price.
5. A call option is more valuable if the price of the underlying asset decreases.
6. The buyer of a put option expects the price of the underlying asset to decrease.
7. The maximum gain from buying a put option is when the asset price goes to zero.
8. A call option buyer profits when the price of the underlying asset goes above the strike price.
9. A put option gives the buyer the right to buy an asset at the strike price.
10. A call option becomes more valuable when the price of the underlying asset rises above the strike price.