www.jpx.co.jp/ose-toshijuku/column/02.html

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かぶオプの商品概要 | 北浜投資塾 - 大阪取引所（日本取引所グループ）

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https://www.jpx.co.jp/ose-toshijuku/column/02.html

About this page

This page explains the overview of "kabu-op" (equity options) offered by Osaka Exchange. Kabu-op rights are expressed using four keywords. The first is "underlying security," indicating assets like stocks, ETFs, and REITs. The second is "expiration month," typically the second Thursday of each month. The third is "strike price," specifying the purchase or sale price. The fourth is "call/put," distinguishing between the right to buy or sell. These four elements combine to define specific option products, enabling investors to choose from various combinations.