A call option gives the owner (Option holder) the right to buy an asset at a fixed price during a particular time period. Purchaser of a call option hopes that stock price will increase.
Brealey, Myers, Allen, and Mohanty said,” A call option gives its owner the right to buy stock at a specified exercise or strike price on or before a specified exercise date.”
Fischer and Jordan said,” An option that grants the buyer the right to purchase a designated instrument is called a call option.”
Call Option is an option that gives its holder the right to buy an asset at a fixed price during a certain period.