In addition to put and call options on individual stocks, there are also options on the market as a whole (i.e., an index).

Name: In addition to put and call options on individual stocks, there are also options on the market as a whole (i.e., an index).
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Options on market indexes allow investors to trade options not just on individual stocks but also on the overall movement of a market index, such as the S&P 500 or the Dow Jones Industrial Average.

In Addition to Put and Call Options on Individual Stocks