Buying A Call Option Apr 2026

"There," Leo thought. "I’ve bought the , but not the obligation , to buy those shares at $160, no matter how high the price goes."

Leo sat in his home office, staring at the ticker for . The stock was trading at $150 , but with a major product launch scheduled for next month, Leo was convinced it would skyrocket. He didn't want to buy 100 shares outright—that would cost him $15,000. Instead, he decided to buy a call option . buying a call option

He clicked "Sell to Close," watching his initial turn into $4,000 . He hadn't needed $15,000 to participate in the gain; he just needed a well-timed contract and a bit of leverage . "There," Leo thought