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Success and failure are both difficult to endure. Along with success come drugs, divorce, fornication, bullying, travel, meditation, medication, depression, neurosis and suicide. With failure comes failure.
A gold option is an options contract with gold as the underlying asset. A gold call option would give the holder the right, but not the obligation, to buy bullion at a future date at a set price, while a put option would grant the holder the right to sell it a predetermined price level. In this option, a gold futures contract would be the underlying asset securing the investment. The option agreement terms list details such as the delivery date, quantity and strike price, which are all predetermined.
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