A put option gives the owner the
A)right to sell the underlying security.
B)obligation to sell the underlying security.
C)right to buy the underlying security.
D)obligation to buy the underlying security.

Question

Quizplus · Accepted Answer

A put option gives the owner the right to sell the underlying security, but it does not obligate them to do so. The option holder can choose whether or not to exercise the option, depending on market conditions and their own investment strategy.

A Put Option Gives the Owner the