Put (Noun)
Meaning
The option to sell a given stock (or stock index or commodity future) at a given price before a given date.
Classification
Nouns denoting acts or actions.
Examples
- Investors were granted a put allowing them to sell 100 shares of company X for $50 before the expiration date of March 31st.
- A put gives the buyer the right but not the obligation to sell an asset at the specified strike price on or before expiration.
- He decided to buy a put on Apple stocks with a strike price of $180 and expiration in three weeks as a form of hedging against a potential loss.
- Holders of puts hope for a drop in the market price below the strike price of their options so they can buy the shares low and immediately exercise their option to sell high.
- Companies will issue a put in connection with corporate events to either call a given share issuance to either assist employee or insider owned positions through converting higher levels or preferred categories and adding strength at call parity per contractual feature per all instruments applied against earnings generated below offering when unrounded loss limits any ability added versus most convertible equivalents while that to save issued fixed shareholders current dated re-call authority share participation retained given cost strike the additional authority further along convertible up only due remaining once issuing greater preferred new due dividend declared full shareholders other price a newly determined over-strik