Definition
A Put Option is a financial contract giving the owner the right, but not the obligation, to sell a specified amount of an underlying asset at a set price within a specified time.
Frequently asked questions
What does a put option give the owner the right but not the obligation to?
A put option lets the owner sell an asset at a set price within a specific time.
Does a put option give the owner the right to sell an asset at a specified price?
Yes, a put option gives the owner the right to sell an asset at a specified price within a certain time frame.
Is a put option gives the right but not the obligation to the underlying asset at a specified price?
Yes, a put option gives the right, but not the obligation, to sell the underlying asset at a specified price.