Causes Impaired digestion or absorption can result in fatty stools. Possible causes include exocrine pancreatic insufficiency, with poor digestion from lack of lipases, loss of bile salts, which reduces micelle formation, and small intestinal disease producing malabsorption.
Put Option. A put option is an option contract in which the holder (buyer) has the right (but not the obligation) to sell a specified quantity of a security at a specified price (strike price) within a fixed period of time (until its expiration).
The other contract is a put option with a $150 strike price. The current price of the underlying stock is $145. Both call options are the same; the only difference is the strike price. The first contract is worth $45, that is, it is in-the-money by $45.