Fuck AI

While your broker will likely buy a call (a contract opposite a put that is the right to buy a security/stock at a certain price, it's more insurance for them should the play not work out as you hope.Calls are just the flip side to puts; calls are a bet the price of a stock(or anything) will go up to $x and puts are a bet the price will go down to $x by date.

The "sap away" mechanic of an option (whether you buy call or put, butting a stock goes up or down) is due to "theta decay". An option contract, by nature, is time bound. X stock(price goes up, down and by how much) by y date at end of trading. That deadline is what drives the value of the option contract, and also what drives the exponential swings in prices for some options. You can buy contracts for the end of any week for most stocks in the US. You can buy it for two weeks out, or up to a few years depending on the contract. Let's pretend I say Disney is going to $150 a share by 1/1/2027. The "sap away" is that every week Disney doesn't get to $150 the value of my contract goes down a little bit as there is less time for the stock to make enough of a move to get to $150. Longer contracts have more time to move and are therefore "less volatile" but every options contract has theta decay. This oversimplifies the complex world of options but the point is that "calls" don't have anything to do with theta decay.