Learn more about the ZooParent Program by clicking here. Macaws are easily identifiable birds. Their body plumage is primarily red while the wings are a mix of blue and green. It measures between 35 to 40 inches long, weighs between 2.5 and 3.5 pounds, and has a wingspan measuring between 44 and 49 inches.
By Investopedia Staff. An option is a contract that gives the buyer the right, but not the obligation, to buy or sell an underlying asset at a specific price on or before a certain date. An option, just like a stock or bond, is a security.he two types of options are calls and puts: 1  A call gives the holder the right to buy an asset at a certain price within a specific period of time. 2  A put gives the holder the right to sell an asset at a certain price within a specific period of time.
Options Greeks: Theta Risk and Reward. Time value decay, the so-called silent killer of option buyers, can wipe a smile off the face of any determined trader once its insidious nature becomes fully felt. Buyers, by definition, have only limited risk in their strategies together with the potential for unlimited gains.