What is PUT OPTION?
A contract allowing the buyer to sell an asset back at strike price. This occurs at or before the maturity date. They are written based on a broad range of commodity and financial references. Refer to call option.
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Related Legal TermsCALL OPTION, COMPLEX CHOOSER OPTION, ASIAN OPTION, CHOOSER OPTION, CLIQUET OPTION, SHOUT OPTION, FORWARD START OPTION, AVERAGE PRICE OPTION, FUTURES OPTION, EXTENDIBLE OPTION
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