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

Question

Quizplus · Accepted Answer

A put option gives the holder the right to sell the underlying asset at the strike price on or before the expiration date.

A Put Option Allows the Holder to