The Law Dictionary

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

MARRIED PUT Definition & Legal Meaning

Definition & Citations:

Purchaser owns the underlying stock in this type of put option. It protects against the decline in the stock’s price as the owner can sell the stock at a higher price prior to the option’s expiration date. If the stock’s price increases or remains the same, the option expires worthless .

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