Definition of put option in English:

put option

Line breaks: put op¦tion

noun

Stock Exchange
  • An option to sell assets at an agreed price on or before a particular date.
    More example sentences
    • A collar is the equivalent of buying a call option and selling a put option.
    • On one day alone last week, more than 12,600 put options for July, priced at 200p, changed hands.
    • But maximum losses are limited here because we have a long put option (with a strike price of 50).

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Word of the day milord
Pronunciation: mɪˈlɔːd
noun
used to address an English nobleman