Puts and calls

A 'put' give you the right to sell a share at a pre-determined price, a 'call' gives you the right to buy them.

Trading puts and calls
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Puts and calls are two types of options contracts or derivatives commonly used in the world of finance. These contracts give the owner the right, but not the obligation, to buy or sell an underlying asset, such as stocks and shares or currencies at a predetermined price within a specific time frame.

A put gives you the right to sell at a pre-determined price, while a call gives you the right to buy at a pre-determined price.

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Jacob Wolinsky

Jacob is an entrepreneur, hedge-fund expert and the founder and CEO of ValueWalk. 

What started as a hobby in 2011 morphed into a well-known financial media empire focusing in particular on simplifying the opaque world of the hedge fund. 

Before devoting all his time to ValueWalk, Jacob worked as an equity analyst specialising in mid- and small-cap stocks. Jacob also worked in business development for hedge funds. 

He lives with his wife and five children in New Jersey. 

Jacob only invests in broad-based ETFs and mutual funds to avoid any conflict of interest that could arise from buying individual stocks.