If you want the right, but not the obligation, to sell a stock at a specified price you should:
A)buy a call.
B)sell a call.
C)buy a put.
D)sell a put.
E)either sell a call or buy a put.

Question

Quizplus · Accepted Answer

Buying a put option gives you the right, but not the obligation, to sell a stock at a specified price, known as the strike price. This can be useful as a form of insurance or protection against a potential downturn in the stock price.

If You Want the Right, but Not the Obligation, to Sell