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- A put option gives you the right to sell a specific stock at a specific price, on or before a specific date.
- The value of a put increases as the underlying stock value decreases.
- Put options can be used to try to profit from downturns, or they can be used to protect a portfolio against them.
www.nerdwallet.com/article/investing/put-optionsPut Options: What They Are, How They Work and 3 Examples
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