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Put Option: Definition

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Simple Definition

The right to SELL a stock at a specific price. You profit if the stock goes down.

Why It Matters

Puts are like insurance for your portfolio. If you own $50,000 in stocks and buy puts, you're protected if the market crashes. Hedge funds used puts to profit during 2008 and 2020 while everyone else lost money.

Key Points

  • Buying puts = bearish bet or portfolio insurance against drops
  • Puts increase in value as the stock falls below the strike price
  • Protective puts on stocks you own = peace of mind during volatile markets

Related Terms

Common Questions

The right to SELL a stock at a specific price. You profit if the stock goes down. Puts are like insurance for your portfolio. If you own $50,000 in stocks and buy puts, you're protected if the market crashes.

Puts are like insurance for your portfolio. If you own $50,000 in stocks and buy puts, you're protected if the market crashes. Hedge funds used puts to profit during 2008 and 2020 while everyone else lost money.

Buying puts = bearish bet or portfolio insurance against drops

Puts increase in value as the stock falls below the strike price

Protective puts on stocks you own = peace of mind during volatile markets