+An Option grants its holder the right, but not the obligation, to buy or sell an underlying [Asset](/wiki/asset) at a pre-determined [Price](/wiki/price) by a certain date. It is a derivative financial contract, a choice born of future possibility, traded on markets.
+## See also
+- [Contract](/wiki/contract)
+- [Derivative](/wiki/derivative)
+- [Market](/wiki/market)
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