Options allow you to make money in the stock market regardless of whether it’s up, down or stagnant The two varieties of options, calls and puts ... in a “long call position” means you ...

That's the short summary of these options contracts. Now, let's take a closer look at how call and put options work ... Lyle Daly has no position in any of the stocks mentioned.

A protective put (a.k.a. "married put") is used to hedge against losses on an existing stock position ... the trader will purchase a put option as a kind of insurance policy on his shares.

Kirkland’s, Inc. (NASDAQ:KIRK – Get Free Report) saw some unusual options trading activity on Wednesday. Stock traders acquired 3,175 put options on the company. This represents an increase of ...