Put option

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At a glance

Class

Notion

Domain

Science and technology

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What Wikipedia says

In finance, a put or put option is a derivative instrument in financial markets that gives the holder (i.e. the purchaser of the put option) the right to sell an asset (the underlying), at a specified price (the strike), by (or on) a specified date (the expiry or maturity) to the writer (i.e. seller) of the put.

Excerpt from the Wikipedia article “Put option”, under the CC BY-SA 4.0 license. Read the article on Wikipedia