Question Details

	Username: Fluffy Rating: Asked to: Goro Yang Date Created: 04 Jul 2016
Category	27
Tag	Financial
Question	What is a 'Put Option'?

Advice from Guru

Hi Fluffy,

A put option is an option contract giving the owner the right, but not the obligation, to sell a specified amount of an underlying security at a specified price within a specified time. This is the opposite of a call option, which gives the holder the right to buy shares.

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