A put gives the owner the right:
A) and the obligation to buy an asset at a given price.
B) and the obligation to sell an asset at a given price.
C) but not the obligation to buy an asset at a given price.
D) but not the obligation to sell an asset at a given price.

Question

Quizplus · Accepted Answer

A put option gives the holder the right, but not the obligation, to sell an asset at a specified price within a specified time.

A Put Gives the Owner the Right