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  2. To sell a put option, you need to1:
    1. Find a stock (or ETF) you would like to buy.
    2. Determine the price at which you’d be willing to purchase the stock.
    3. Sell a put option with a strike price near your desired purchase price.
    4. Have on deposit in your brokerage account an amount of cash equal to the potential obligation.
    The buyer of the put option can either exercise the option, sell the contract, or let it expire23.
    Learn more:
    Find a stock (or ETF) you would like to buy. Determine the price at which you’d be willing to purchase the stock. Sell a put option with a strike price near your desired purchase price. Have on deposit in your brokerage account an amount of cash equal to the potential obligation.
    us.etrade.com/knowledge/library/options/selling-puts

    The buyer then has two choices:

    • First, if the buyer owns the stock, the put option contract can be exercised, putting the stock to the put seller at the strike price. ...
    www.nerdwallet.com/article/investing/put-options
    Contract settlement can happen in one of three ways. The option owner can: Exercise the option if it moves in-the-money (ITM) Sell the contract before expiry, or Let it expire worthless if the stock price remains above the put strike price, foregoing only the premium paid up front
    www.tastylive.com/concepts-strategies/put-options
     
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