A 'put option' gives the owner the right to ________ an asset at a fixed price at some future date.
A)hold
B)buy
C)sell
D)None of the above.

Question

Quizplus · Accepted Answer

A put option is a contract that gives the owner the right, but not the obligation, to sell a specific asset at a fixed price, known as the strike price, at or before the option's expiration date. Therefore, the correct choice is C) sell.

A 'Put Option' Gives the Owner the Right to ________