put option

Definition of "put option"
  1. A right to sell a specific security or commodity at a predetermined price within a given time period
How to use "put option" in a sentence
  1. She purchased a put option on the stock as protection against potential losses.
  2. Due to market volatility, he exercised his put option before the expiration date.
  3. The investor made a profit when the stock fell because he had a put option.

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