Currency options exchange one currency for another. Start with a pair to learn which currency a call buys, which a put sells, and how the premium changes the result.

Start with calls and puts

A call benefits from a rise in the price it references; a put benefits from a fall. The buyer must recover the premium to make a net profit at expiration. Contract size determines how the quoted premium translates into the total cost.

Each lesson names its example exposure and keeps market background and access details in linked guides. Charts provide context; their quotation and scale must match the contract before you use them in a calculation.

Choose a market