The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

CALL ON A PUT Definition & Legal Meaning

Definition & Citations:

A COMPOUND OPTION that grants the buyer the right to purchase an underlying PUT OPTION from the seller of the compound. The option is generally purchased when the need for the underlying option is still uncertain. See also CALL ON A CALL, PUT ON A CALL, PUT ON A PUT.

Disclaimer

This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.