[Verse 1]
Picture contracts dancing in the market square
Options give you rights but not commands
Call options whisper "buy me if you dare"
When stock prices climb to promised lands
Put options hum "I'll sell when prices fall"
Protection in your trembling hands
[Chorus]
Calls go up, puts go down
Premium paid, rights you've found
Strike price locked, time runs out
Options basics, shout it loud
Calls go up, puts go down
Exercise or let it drown
[Verse 2]
Sarah buys a call for fifty dollars
Strike at hundred, stock at ninety-five
If shares rocket past her strike collar
She can purchase, watch her profit thrive
But if stock stays flat or tumbles lower
Fifty bucks just says goodbye
[Chorus]
Calls go up, puts go down
Premium paid, rights you've found
Strike price locked, time runs out
Options basics, shout it loud
Calls go up, puts go down
Exercise or let it drown
[Bridge]
American style, any day you choose
European waits till expiration
Intrinsic value, what you'd never lose
Time value fades with each rotation
In the money, at the money, out
That's what options are about
[Verse 3]
Tom holds puts like insurance on his shares
Strike at eighty, worried stocks might crash
If market plunges, someone else still cares
To buy his shares and pay him cash
Premium's just the price of sleeping sound
When volatility runs wild
[Chorus]
Calls go up, puts go down
Premium paid, rights you've found
Strike price locked, time runs out
Options basics, shout it loud
Calls go up, puts go down
Exercise or let it drown
[Outro]
Rights not obligations, that's the key
Derivatives set your portfolio free