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Put Option

Right to sell shares at strike price

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What is Put Option?

Put Option A contract giving the holder the right to sell 100 shares at the strike price before expiration. Put buyers are bearish; put sellers are neutral to bullish.

Complete definition

A contract giving the holder the right to sell 100 shares at the strike price before expiration. Put buyers are bearish; put sellers are neutral to bullish.

Example

Buy AAPL $150 put for $3. If AAPL drops to $140, your put is worth at least $10 (intrinsic value).

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By Ryan Silk & Lawrence Polatchek Last reviewed . Methodology is published in full.

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