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Okay, so let's break down calls and puts a bit further. If you think **SoFi**'s stock price is going to *increase*, you'd buy a *call option*. If the price rises above the strike price plus the premium you paid, you make a profit. You can either sell the call option for a profit or exercise the option and buy the shares at the strike price. On the other hand, if alight happy birthday you think the **SoFi** stock price is going to *decrease*, you'd buy a *put option*. If the price falls below the strike price minus the premium, you profit. You can sell the put option or exercise it, selling your shares at the strike price. Understanding the difference between calls and puts is essential when you're formulating your options trading strategy, so take your time and make sure you've got it.
