A Put Option Allows the Holder to

A put option allows the holder to

A) buy the underlying asset at the strike price on or before the expiration date.
B) sell the underlying asset at the strike price on or before the expiration date.
C) sell the option in the open market prior to expiration.
D) sell the underlying asset at the strike price on or before the expiration date and sell the option in the open market prior to expiration.