A call option has a maximum life of nine months.

For a very low cost, you can take out a call option and technically go long the market.

"A lot of issuers are thinking that they do not need to buy the call option."

The issue has a one-time call option on July 5, 1995.

Second is a 10-year call option to buy the underlying stock.

Each call option typically is for a hundred shares of a stock.

Then the deal was announced, and those who had bought call options got rich.

Eventually what he'd be left with is something similar to a call option on the underlying stock, acquired at a very low price.

In effect, it would be a long-term call option on the entire stock market.

A call option is the right to buy a stock at a specified price by a certain date.