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so if i sign up for this contract what am i actually signing up for do i have to sign in blood were going to find all that out in this video youre on hammer and tongs again [Music] okay welcome back im sam as always disclaimer im not a financial advisor and this is not financial advice so in this video were going to look at the terms of agreement when entering into an options contract so more specifically why even bother entering into the contract what the buyer or the seller have to gain and what theyre actually agreeing to what theyre signing up for so this video will be the most difficult video in this course so just one thing i want to clarify as well um when im referring to contract seller or contract buyer in this video thats the buyer or seller of the options contract okay but also another action that can occur is buying or selling of stock and both these parties can also do this as well so theyre two different actions buying and selling an options contract is differen