An option that gives the option buyer the right but not the obligation to sell ( go " short") the underlying futures contract at the strike price on or before the expiration date. Chicago Board of Trade glossary
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This security gives investors the right to sell ( or put) a fixed number of shares at a fixed price within a given period. An investor, for example, might wish to have the right to sell shares of a stock at a certain price by a certain time in order to protect, or hedge, an existing investment. Bloomberg Financial Dictionary
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A contract that provides the purchaser the right (but not the obligation) to sell a futures contract at an agreed price (the strike price) at any time during the life of the option. A put option is purchased in the expectation of a decline in price. Chicago Mercantile Exchange Glossary
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A contract which confers upon the holder the right, but not the obligation, to sell an asset at a given price on or before a given date. Dresdner Kleinwort Wasserstein financial glossary
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A put option confers the right but not the obligation to sell stock, shares or futures at the option exercise price within a predetermined time period. Exchange Handbook Glossary
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An option that provides the right but not the obligation to sell the underlying. LIFFE
Ratio spread LIFFE
An option strategy whereby the amount of futures or options contracts purchased is not equal to the amount of contracts sold. LIFFE
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It is an option that gives the buyer the right to sell an underlying asset at a future date at a specified price. London Stock Exchange Glossary
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Gives the buyer the right to sell a number of shares of stock at a price until the option's expiration date. Put buyers hope the price of the stock will fall. Puts may also be purchased to protect an investment in case the price of the stock goes down. NYSE Euronext Glossary
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put option UK US noun [C] (also put) FINANCE, STOCK MARKET
► an arrangement that allows the sale of shares, etc. at an agreed price until or on a particular date: »
They want to purchase put options in order to protect against a decline in the market value of the underlying security.
Financial and business terms. 2012.