Asset Classes and Downturns: Beginner's guide to financial statement pt 93

As part of my financial's learning series from @morningstar @investopedia

There are 2 types of Stock Options :
Puts. a bet that a stock will fall
Calls: a bet that a stock will raise

Source : https://www.sec.gov/reportspubs/investor-publications/investorpubsbegfinstmtguide