| Well -- this language is quite simple. But we will take it in sections. Section 1: "Buy General Electric"
General Electric is the underlying instrument which we are purchasing options on and obviously the buy designates to buy that specific option chain. Section 2: "December $50 call"
December is the month in which the option chain expires and $50 is the strike price (see glossary for definition) of the underlying instrument. Call designates whether it is a call or put recommendation. In this case it is a call. Section 3: "for $150"
$150 is the price that you will actually have to pay for one option contract of this recommendation. When you visit a Web site for a quote it will actually quote the price as 1.50 but when you go to the broker to buy it will cost you $150. For more instructions on reading a recommendation please visit the special report on this Web site entitled: the Option Buyers Handbook. | 
