Puts allow the holder of the contract to sell an asset at a specific striking price for a certain time period before the expiration date.

Name: Puts allow the holder of the contract to sell an asset at a specific striking price for a certain time period before the expiration date.
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Question

Quizplus · Accepted Answer

This statement is true. Puts give the holder the right to sell an asset at a predetermined price (the striking price) for a certain amount of time before the option expires.

Puts Allow the Holder of the Contract to Sell an Asset