An option (right) to sell shares in future at predetermined price is called

Question

Quizplus · Accepted Answer

A put option gives the holder the right, but not the obligation, to sell a specified amount of an underlying security at a specified price within a specified time frame. This is different from a call option, which is the right to buy; hedging, which is a strategy to offset risk; and there is no standard financial instrument known as a "pull option."

An Option (Right) to Sell Shares in Future at Predetermined