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A put option in the stock exchange is an option

A put option in the stock exchange is an option
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A To sell
  • B Not to sell
  • C To buy
  • D Not to buy
Correct Answer: Option A
Explanation:
A put or put option is a stock market device which gives the owner the right, but not the obligation, to sell an asset at a specified price by a predetermined date (the expiry or maturity) to a given party (the seller of the put).

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