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Buying vs. selling options

Buying a call You have the right to buy a security at a predetermined price.
Selling a call You have an obligation to deliver the security at a predetermined price to the option buyer if they exercise the option.
Buying a put You have the right to sell a security at a predetermined price.
Selling a put You have an obligation to buy the security at a predetermined price from the option buyer if they exercise the option.

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