# Call Option

*Derivatives & Options — Finicade finance glossary*

The right to buy an asset at a fixed strike price before expiry. You buy a call when you expect the price to rise: pay a small premium now for open-ended upside if you're right, and lose only the premium if you're wrong.

**Also known as:** call

**Related terms:** [Option](https://finicade.com/glossary/option), [Put Option](https://finicade.com/glossary/put-option), [Strike Price](https://finicade.com/glossary/strike-price), [Moneyness](https://finicade.com/glossary/moneyness)

**Taught in:** Hull Street — How Options Work

Source: https://finicade.com/glossary/call-option