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Buyer of a Put Option
An investor who acquires the right, but not the obligation, to sell a specified amount of an underlying asset at a predetermined price within a set time frame.
Underlying Asset
The financial asset upon which a derivative's price is based, including stocks, bonds, commodities, currencies, interest rates, and market indexes.
European Put Option
A financial contract that gives the holder the right, but not the obligation, to sell a specified amount of an underlying asset at a predetermined price before or at a specified expiration date.
Underlying Asset
An asset over which options or other derivative instruments are based, which can include stocks, bonds, commodities, or currencies.
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