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Like stocks, options are financial securities. There are 2 types of options: calls and puts. Calls grant you the right but not the obligation to buy stock.

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That's a question that investors sometimes struggle with because it's not always clear if it's the optimal time to call buy the shares or put sell the stock when holding a long call option or a long put option. There are a number of factors to consider when making the decision, including how much time value is remaining in the option, whether the contract is due to expire soon, and whether you really want to buy or sell the underlying shares.

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And, well, consider options. In a volatile market, options can be a good investment strategy to minimize the risk of owning a long stock - especially an expensive one like Apple. Apple's shares slid around 9. But since investors have other options, what are call options?

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