What are the details of a put option is for a stock?
What are the details of a put option is for a stock?
user
Put options are a way to make a bet on whether a stock price will go up or down.  It’s an option where you are betting that
assistant
Okay. What does it mean to purchase one?
user
A put option is when you buy the right to sell an asset at a fixed price on or before a certain date.  For example, you could buy a call option with a strike price of $50.00 and a put option with a strike price of $52.00 and then sell the call for $50 on the strike date and buy the put for $50.
assistant
How do you make money by purchasing a put option?
user