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  2. A put option (or “put”) is a contract giving the option buyer the right, but not the obligation, to sell—or sell short—a specified amount of an underlying security at a predetermined price within a specified time frame. This predetermined price at which the buyer of the put option can sell the underlying security is called the strike price.
    www.investopedia.com/terms/p/putoption.asp
    A put is an options contract that gives the owner the right, but not the obligation, to sell a certain amount of the underlying asset, at a set price within a specific time. The buyer of a put option believes that the underlying stock will drop below the exercise price before the expiration date.
    www.investopedia.com/terms/p/put.asp
    A put option is a contract tied to a stock. You pay a premium for the contract, giving you the right to sell the stock at the strike price. You're able to execute the contract at any point until its expiration date. If the price of the stock decreases enough, then you can sell your put option for a profit.
    www.fool.com/investing/how-to-invest/stocks/call-o…
    Simply put (pun intended), a put option is a contract that gives the option buyer the right — but not the obligation — to sell a particular underlying security (e.g. a stock or ETF) at a predetermined price, known as the strike price or exercise price, within a specified window of time, or expiration.
    www.ally.com/stories/invest/put-options/
    A put option is a contract that gives its holder the right to sell a set number of equity shares at a set price, called the strike price, before a certain expiration date. If the option is exercised, the writer of the option contract is obligated to purchase the shares from the option holder.
    www.investopedia.com/ask/answers/06/putoptione…
     
  3. People also ask
    What is the difference between a put and a stock option?By contrast, an investor would profit from a put option if the underlying stock were to fall below his strike price by the expiration date. What Is Exercising a Stock Option? To exercise a stock option involves buying (in the case of a call) or selling (in the case of a put) the underlying stock at its strike price.
    How does a put option affect the value of a stock?A put option becomes more valuable as the price of the underlying stock or security decreases. Conversely, a put option loses its value as the price of the underlying stock increases. As a result, they are typically used for hedging purposes or to speculate on downside price action.
    What does it mean to buy a put option?Buying a put option means that you have the right, but are not required, to sell a security at a specified price for a set time. This is called being long a put. If the security drops in price, it is likely that the put option will increase in value, but that’s not always the case. How does a put option work?
    What are put options & how do they work?Put options are traded on various underlying assets, including stocks, currencies, bonds, commodities, futures, and indexes. A put option can be contrasted with a call option, which gives the holder the right to buy the underlying security at a specified price, either on or before the expiration date of the option contract.
     
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