Listen to a Business English Dialogue About Option series
Elizabeth: Hi Gabriella, have you heard about “option series” in business and finance?
Gabriella: No, what is it?
Elizabeth: Option series refers to a group of options contracts with the same underlying asset and expiration date, but different strike prices.
Gabriella: Oh, I see. So, it’s like having multiple options contracts available for the same asset?
Elizabeth: Exactly. Option series allow investors to choose from a range of strike prices when trading options, providing flexibility in their investment strategies.
Gabriella: Are there any specific reasons why investors might choose a particular option series?
Elizabeth: Yes, investors may select a specific option series based on their market outlook, risk tolerance, and desired profit potential.
Gabriella: That makes sense. How do option series differ from individual options contracts?
Elizabeth: Option series encompass multiple contracts with varying strike prices, whereas individual options contracts represent the right to buy or sell the underlying asset at a specific price.
Gabriella: Thanks for explaining, Elizabeth. Option series seem like a versatile tool for investors in managing risk and capturing opportunities.
Elizabeth: No problem, Gabriella. They offer flexibility and choice in the options market, allowing investors to tailor their strategies to meet their investment objectives.