He is asking you to buy Options. Call option means you're bullish on $TSLA - A call option is an agreement that gives an investor the right, but not the obligat

He is asking you to buy Options. Call option means you're bullish on $TSLA - A call option is an agreement that gives an investor the right, but not the obligation, to buy a stock. Unlike stocks, options have an expiry date 7 somewhat lose their value with time ( time decay ). A $275 call option/contract for instance which expires in 2020 means if $TSLA stock is trading above $275 in 2020, you'll make ton of money. It gives you the right to buy $TSLA at $275 in 2020 but you can sell your contract (1 contract represents 100 shares ) before the expiration date. If you don't do anything, the option/contract will expire wothless which means you'll lose the price you initially paid to buy that contract or you'll lose if the stock is trading below $275 or whichever strike price you bought it for. For simple call option, losses are constrained (the premium you paid to buy the contract ) but profits are unlimited. Options work exactly how insurance works, you can do the opposite as well and ofcourse there are several strategies on options as well. Beaware, this is dangerous.