Buying call options is a trading strategy of securing financial contracts that give the buyers the privilege to buy a bond, stock, or other assets at a specified price, called strike price, for a certain period of time.
People, especially traders, buy call options when they expect the price of a commodity or asset to rise higher in the near future. It helps them to buy large amounts of commodities or assets at a specified price even when the price value of such commodities or assets increases in the future.
