Call option
- Japanese
- コール・オプション
- Also known as
- Call
- Last reviewed
- September 25, 2026
This is a draft, shown for review before publication.
A call option (call) is an option that gives its holder the right to buy the underlying asset at a price fixed in advance (the strike price). The buyer of a call makes a profit if the price of the underlying asset at expiry is above the sum of the strike price and the premium.
Related terms
Explained in detail
Pages that use this term
- Introduction to Stochastic Calculus (Ito's Lemma)
- What Is a Derivative?
- Option Payoffs and Profit/Loss
- Exercise Styles: European, American and Bermudan
- Put-Call Parity
- Option Strategies
- Overview of Exotic Options
- Barrier Options
- Digital Options
- Asian Options
- Lookback Options
- Basket Options
- Quanto Options
- Caps and Floors
- Swaptions
- CMS Spread Options
- FX Forwards
- FX Options
- FX Option Market Conventions
- Overview of Exotic FX Products
- FX Barrier Options
- Power Reverse Dual Currency (PRDC)
- Equity Index Options
- Single Stock Options
- Warrants
- Dividend Swaps and Futures
- Variance Swaps and Volatility Swaps
- Worst-of Options
- Cliquets
- Synthetic CDOs and Tranches
- Weather Derivatives
- Volatility Products such as VIX Futures
- What Are Structured Products?
- Equity Index-Linked Notes
- Callable Bonds and Early Redemption Features
- Convertible Bonds (CB)
- Digital Coupon Notes
- No-Arbitrage and Replication
- Binomial Trees
- Risk-Neutral Valuation
- The Black-Scholes Model
- The Greeks
- Implied Volatility
- Volatility Smiles and Surfaces
- The Black and Bachelier Models
- CVA and DVA
- The Hull-White Model
- The SABR Model
- Local Volatility Models
- The Heston Model
- Model Calibration
- Monte Carlo Simulation
- Finite Difference Methods
- Delta Hedging
- Managing Gamma and Vega
- Hedging Exotic Products
- Volatility Trading
- Accounting Operations
- Hedge Accounting under IFRS 9 and ASC 815
- Embedded Derivatives
- PRIIPs
- Insider Trading
- The Development of Futures Exchanges