A put option in the stock exchange is an option
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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).
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).