Put options are financial contracts that give the holder the right – but not the obligation – to sell an underlying stock or asset at a specified price (the strike price) within a certain time period.

A put option (or "put"), which gives the holder the right to sell, can be contrasted with a call option, which provides the holder with the right to buy the underlying security at a specified price, ...

A put option is a financial contract that provides an investor the right (but not obligation) to sell a stock at a designated price prior to an expiration date. Learn more about put options and how ...