Difference between call and put options

A call is a contract of options in which the buyer has the right to purchase the underlying asset at the strike price any time till the expiration date.

For Example- A stock call option with a strike price of 25 means buyer can use the option to buy the stock at rs 25 before it expires.

Then comes put is that options contract which gives buyer the right to sell the underlying asset at the strike price at any time till the expiration date.

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For Example- A stock put option with a strike price of 25 means buyer can use the option to sell the stock at rs 25 before it expires.

The Expiry of options can vary and can be long term and short term it is necessary for the call buyer to analyze or exercise their option to buy the stock and should be required the call seller or writer to sell the stock at the strike price only if the current price of stock is above the strike price.

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