Differentiate between a ‘Call Option’ and a ‘Put Option’

A call option gives the holder the right, but not the obligation, to buy the underlying asset at the strike price before or on the expiration date. Buyers of calls expect the price to rise.

A put option gives the holder the right, but not the obligation, to sell the underlying asset at the strike price before or on the expiration date. Buyers of puts expect the price to fall.

They represent opposing views on the future price movement.