By definition, a put option grants its owner which one of the following?
A)right to buy
B)obligation to buy
C)right to sell
D)obligation to sell
E)choice to either buy or sell

Question

Quizplus · Accepted Answer

A put option grants its owner the right to sell the underlying asset at a certain price (strike price) within a specified period of time. Therefore, the correct choice is C - right to sell.

By Definition, a Put Option Grants Its Owner Which One