> For the complete documentation index, see [llms.txt](https://docs.wasabi.xyz/_/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.wasabi.xyz/_/guides/exercising-an-option.md).

# Exercising an Option

You can exercise an option at any given time before it expires. Once an option is purchased, it will appear under the [My Options](https://wasabi.xyz/my/options) page. Here, you can view details for your options, exercise them and take other actions. If any of the options

<figure><img src="/files/UE6hqA3UYVzNG9fQXuCu" alt=""><figcaption><p>View your options &#x26; act on them</p></figcaption></figure>

## Call Option

When exercising your Call option, you will be able to buy the reserved asset for the strike price. You will first need to approve the transfer of the ERC-20 tokens and then purchase the underlying asset.

<figure><img src="/files/LXYRrdFCWKtT3p4nawZ2" alt=""><figcaption><p>Exercising a Call option</p></figcaption></figure>

## Put Option

When exercising your Put option, you will be able to sell any of your assets from that collection for the strike price. You will first need to approve the transfer of the NFT asset and then sell it.

<figure><img src="/files/JXn0TKpCjXDE4zecfYJN" alt=""><figcaption></figcaption></figure>